TFSA vs RRSP After Retirement : BIG Difference Explained Which One CRA Wants You to Use in 2026? скачать в хорошем качестве

TFSA vs RRSP After Retirement : BIG Difference Explained Which One CRA Wants You to Use in 2026?

TFSA vs RRSP After Retirement: BIG Difference Explained Which One CRA Wants You to Use in 2026? If you're a Canadian retiree or nearing retirement age, you've likely heard about the importance of saving in RRSPs but what about after you actually retire? What happens when you turn 65, 70, or even 75 and start collecting CPP, OAS, and maybe even GIS? Did you know that continuing to rely on your RRSP in retirement could actually cost you thousands in extra taxes and even trigger the OAS clawback? And more importantly, is the TFSA the smarter, safer option that CRA quietly recommends for retirees in 2026 and beyond? In this eye-opening video, we break down the BIG difference between TFSA and RRSP after retirement, why one could protect your benefits while the other could silently reduce them, and what the Canada Revenue Agency (CRA) really wants you to do with your retirement savings starting in 2026. 🇨🇦 What You'll Learn in This Video: Why your RRSP withdrawals could increase your taxes and trigger the OAS clawback after age 65 The 2026 OAS clawback threshold explained — how much income is too much before benefits are reduced How TFSA withdrawals are completely tax-free and don’t count as income for OAS, GIS, or tax credits Why CRA encourages retirees to hold tax-free investments and which account they prefer The hidden RRSP trap that forces mandatory withdrawals starting at age 72 and how that affects your benefits How smart retirees are shifting from RRSP to TFSA to protect their GIS and maximize OAS Real examples showing how retirees lose thousands by not understanding TFSA vs RRSP rules Step-by-step guide on how to check your TFSA and RRSP contribution room on CRA My Account Why RRSP withdrawals are added to your net income and how that impacts your GIS eligibility The best withdrawal strategy for RRSPs, TFSAs, and pensions to keep more money in your pocket Common mistakes retirees make with RRSPs that trigger unexpected tax bills and how to avoid them How to use the TFSA as your main retirement income account and avoid CRA scrutiny altogether What every Canadian over 60 needs to know before their next RRSP or TFSA withdrawal Why 2026 could be a turning point for retirees and how to prepare now with the right account 00:00 Why RRSP and TFSA Choices Matter More After Retirement 01:30 The OAS Clawback Explained What Triggers It in 2026 02:15 RRSP Withdrawals = Higher Taxes & Reduced Benefits 03:15 CRA’s Preference: TFSA Over RRSP for Seniors 04:30 Mandatory RRSP Withdrawals Starting at Age 72 05:45 The GIS Trap Why RRSPs Can Cost You More 06:00 Smart Strategies to Shift From RRSP to TFSA 07:20 Real-Life Cases: Thousands Lost Due to RRSP Misuse 08:15 How to Check Your TFSA & RRSP Room (Step-by-Step) 09:30 Best Withdrawal Order for RRSP, TFSA & Pensions 10:45 Common TFSA & RRSP Mistakes That Cost Seniors 11:30 Protecting OAS, GIS & Tax Credits in Retirement 12:15 Why 2026 Is a Crucial Year for Retirement Planning 13:45 Final Advice: Which Account Should You Use? 14:00 Subscribe for More Retirement & Benefit Updates 📺 Subscribe to Retire Path for weekly videos on CPP, OAS, GIS, TFSA strategies, RRSP planning, and all Canadian government benefits for seniors. We break down complex pension rules into simple, actionable advice you can trust backed by official Government of Canada sources. 🔔 Turn on notifications so you never miss critical updates on OAS payment changes, TFSA contribution limits, RRSP withdrawal rules, GIS eligibility, and new CRA guidelines that could affect your retirement income. 📌 Resources & References: Government of Canada TFSA Rules: www.canada.ca/tfsa CRA OAS Clawback Threshold (2024-2025): Service Canada OAS Recovery Tax Canada Revenue Agency RRSP Withdrawal Rules: CRA RRSP Guide Service Canada – GIS & Income Limits: GIS Eligibility Info 💬 Have Questions About Your Retirement Accounts? Drop your situation or RRSP/TFSA concerns in the comments below we read every comment and personally respond with helpful answers. 🎯 Don’t forget to subscribe and join thousands of Canadian retirees who are making smarter, safer decisions about their pension, benefits, and tax-free savings. Your retirement income depends on the choices you make today — make sure they’re the right ones