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How to Use a Spousal RRSP to Save Thousands in Retirement (2026 Guide)

  Published: April 2026 | Reading time: 10 min | Category: Retirement, Tax Savings, Personal Finance Most Canadian couples are leaving thousands of dollars on the table every single year by not using a spousal RRSP. It's one of the most powerful — and most underused — income-splitting strategies available to Canadians, and it's completely legal, fully endorsed by CRA, and available to almost every married or common-law couple in the country. If one spouse earns significantly more than the other, a spousal RRSP can save your household $5,000–$15,000 or more in lifetime taxes. This guide explains exactly how it works, who benefits most, and the rules you need to know to do it correctly. What Is a Spousal RRSP? A spousal RRSP is a Registered Retirement Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ). The key mechanics: The contributing spouse gets the ...
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Maximizing Fun and Memories on Your Vacation




Having fun on your vacation is all about embracing new experiences and immersing yourself in the destination's unique offerings. Start by planning activities that align with your interests, whether it's exploring historical landmarks, basking in the beauty of nature, or indulging in local cuisine.


 Allow yourself to be spontaneous and open to unexpected opportunities, such as joining local festivities or making new friends. Capture memories through photographs, but also take moments to appreciate the present without distraction. 


Embrace relaxation by lounging on the beach, reading a book, or simply doing nothing at all. The key to a truly enjoyable vacation is finding the right balance between planned activities and moments of serendipity, ensuring you return home with a heart full of cherished memories and a refreshed spirit.

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