Canadian Tax Expert Explains RRSP Meltdown Strategy to Neutralize Pain of Deferred Tax on WealthProfessional.ca

Canadian tax lawyer David Rotfleisch was recently featured in an article published in WealthProfessional.ca. In the article, David explains how taxpayers can take advantage of the RRSP meltdown strategy in order to dampen the agony of deferred taxes on retirement savings.

“But as Canadian tax lawyer David Rotfleisch explained in a recent column, there’s a way to neutralize the pain of that deferred tax. The strategy, called RRSP meltdown, involves obtaining a personal investment loan that generates an interest deduction that’s equal in amount to ongoing RRSP withdrawals.” — WealthProfessional.ca, “RRSP meltdown: an adventurous tax-planning strategy”

Read the report here.