Episode #21 - Two Minutes to a Better RSP: Converting Your RSP When it Matures
Series: Two Minutes to a Better RSP (Part 15 of 16)
Publish Date: Thursday, February 15, 2007
Host: Michael Seaton, Director, MyVault Relationship Team
You can't listen to a piece of paper
But The Money Clip podcast series from The Vault makes for great listening - especially if you're in the market for some valuable financial advice. So instead of printing the podcast page, why not tune in?
- http://themoneyclip.scotiabank.com
Deciding how you're going to convert your RSP when it matures can be just as important as deciding how you're going to contribute to it. There are several options available to you when converting your RSP at age 69. This episode speaks to three options: converting the entire value of your RSP to cash, buying an annuity or converting your RSP to an RRIF. Listen and learn about the basics of converting your RSP savings.
