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How to Contribute to Your RRSP Using Someone Else's Money PDF Print E-mail
Written by Kalson Jang   
Monday, 13 February 2012 22:48

I wanted to give everyone some good news on the RRSP Product that I talked about last week.

The deadline to contribute has been extended to February 29, 2012 to coincide with the deadline for 2011 RRSP contributions!

If you didn’t get a chance to read that article yet, I think you should really take a moment to check it out.  It’s a great way to invest for the future without tying up your cash flow!

This week, I have another product that ties in perfectly with last week’s product.

If you are interested in contributing to your RRSP, but don’t have the cash flow to make a contribution right now, you can get an RRSP loan to help you contribute!  The current rates are very low at Prime + 0.5% = 3.5% (based on current interest rates).

You can even defer your interest payments for up to 6-months, so you won’t have to pay a single penny until your Tax-Refunds and Cash-Back hit your bank account!

As a result, you can borrow $5,000 and contribute it to the product I talked about last week which will get you up to $3,820 in Credits/Refunds by May 31, 2012.  These funds can then be used to pay back most of your $5,000 RRSP Loan.  The remaining balance can be paid off over the next 2-years.

If you’re interested in getting an RRSP Loan for the product I mentioned above or for any RRSP at all, please let me know and I can help you set everything up.

All I need is a few pieces of information to get started.  You’ll know almost right away whether you’re approved or not!

Kalson Jang  鄭家豪

Phone: 416-775-8777
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