Contributing to Spousal RSP now ?

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Investing

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Hi all

As a newcomer I want to make sure that I don't get in trouble with the CRA. If I have a base salary of 65k with a likeæy 15k bonus am I safe contruting 18% now of my 65k salary (provided i don't lose my job this year) compared to waiting for feb 2025 for the formal tax slip ? The reason I ask is that we are buying property end October and if i contribute now to the RSP I can then use it under the first time buyer program (our fhsa are already maxed out)

Does it make sense to contrbutie 11.700 now (18% of 65k) get a nice promotional HISA and let it grow a little before i pull it out in October ?

Thanks for reading :)

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CommunicationFun9430

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Posted: 9 months ago
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