Finance Friday: Navigating RRSPs, Wealth Management, and Home Savings | FirstOntario Credit Union

Explore crucial financial topics in this episode of Finance Friday, aired on CHCH Morning Live, Dec 15, 2023. Join Dave as he answers your pressing questions.
Timestamps:
00:06 - Introduction
00:41 - RRSP to RRIF Conversion: Timing and Withdrawal Rules
02:11 - Understanding Wealth Management Portfolios and Bank Advisors
03:50 - Contributing to FHSA and Home Buyers Plan Simultaneously
Discover how to efficiently convert your RRSPs to RRIFs, the intricacies of wealth management portfolios vs. bank funds, and combining FHSA contributions with the Home Buyers Plan.
Stay informed and make empowered decisions with FirstOntario Credit Union. Visit our website for more insights and join our community for financial literacy tips that matter to you.
🔗 FirstOntario RRSPs: www.firstontario.com/personal...
🔗 FirstOntario RRIFs: www.firstontario.com/personal...
🔗 FirstOntario Investments: www.firstontario.com/investments
🔗 FirstOntario FHSA: www.firstontario.com/personal...
🔗 FirstOntario Credit Union: www.firstontario.com/
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At FirstOntario Credit Union, strong financial literacy is key when making confident, informed decisions about money, including when you should spend it, why you should save it and how to grow it. Join us every other week for Finance Friday episodes on CHCH Morning Live, where we discuss different ways to make the most of your money and address viewer questions. You can send in your questions to [e-mail].
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