@joe.tablan: The CRA can take up to 53% of your RRSP the day you die 💀 The DAY you die, your entire RRSP balance gets added to your income — all in one year, no spreading it out 📉 A $500K RRSP can turn into roughly $250K left for your family after tax. Most people find this out from their accountant, after it’s already too late to fix ⏳ Here’s how to stop it 👇 ✅ Spousal rollover (ITA s.146(8.1)) — transfers the RRSP to your spouse completely tax-deferred ✅ Successor annuitant on your RRIF (ITA s.146.3(6.11)) — the account just continues, no collapse, no tax hit ✅ Life insurance (ITA s.148) — tax-free payout that covers the eventual bill so your kids never have to cash out the account under pressure None of this is a loophole. It’s just knowing the rules the government already wrote 📜 If you want to see exactly how this applies to YOUR RRSP or RRIF, DM me the word RRSP💬 and we’ll map it out together. ⚠️ This is for general education only and isn’t personalized tax, legal, or financial advice. Every situation is different — talk to your own advisor before acting. And now you know! 👊 #RRSP #RRIF #EstatePlanning #CanadianTax #TaxPlanning WealthTransfer IncorporatedBusinessOwner FinancialPlanningCanada CanadaTax RetirementPlanning TaxTips CRA EstateTax GenerationalWealth PersonalFinanceCanada ClearpointWealth

Joe Tablan

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Region: CA

Thursday 27 August 2026 22:25:46 GMT