Under what circumstances does an RRSP or a TFSA contribution make more sense? What are some of the most tax-efficient investments available? How is the RRSP tax refund calculated? This webinar briefly reviews the basics seen in Introduction to Investing while highlighting how the different tax brackets impact different investments and sources of income. We will also cover various investment vehicles in greater detail, how they get taxed, and the most tax-efficient way to distribute various investments in different types of accounts. Lastly, we will go over how to properly track and report dividend distributions from a margin account for tax purposes.
• Know when to contribute to an RRSP vs. a TFSA.
• Learn about some advanced features of various types of investments and how they get taxed.
• Be able to track and report dividend distributions from a margin account for tax purposes.
IMPORTANT: Students must register with their official McGill email address in order for the registration to be valid.
No-Show Fee Alert: There are no fees associated with SKILLSETS webinars; however, registering for an online event is a commitment to attend. If you can no longer attend, make sure to cancel your registration. Otherwise, a $25 No-Show Fee will be charged to your McGill student account. Exceptions will only be made for students in the case of emergencies or “extenuating circumstances”. https://www.mcgill.ca/skillsets/policies
Online Event Instructions