How to figure out optimal RRSP contribution
So my wife has some RSU's/Stock Options that vested a while ago that we feel would be a good time to cash part of them out at - roughly $270k worth. We'd like to put a good portion towards our RRSP's, and maybe our mortgage as well (TFSA's are already maxed out). We both have roughtly 75k contribution room after our 2017 deposits.
Are there any tips or calculators on how to maximize our return? Perhaps it's not worth it to max out our RRSP's for 2018 as we won't get enough back as a tax refund?
Any tips, or suggestions on where to look, or who to talk to?
Her salary is about 100k plus bonus, 80k for me, if that helps.
Thanks!
Are there any tips or calculators on how to maximize our return? Perhaps it's not worth it to max out our RRSP's for 2018 as we won't get enough back as a tax refund?
Any tips, or suggestions on where to look, or who to talk to?
Her salary is about 100k plus bonus, 80k for me, if that helps.
Thanks!
