{"href":"https://api.simplecast.com/oembed?url=https%3A%2F%2Feyes-on-your-money.simplecast.com%2Fepisodes%2Fstart-the-savings-HdPS7LIc","width":444,"version":"1.0","type":"rich","title":"Start the Savings!","thumbnail_width":300,"thumbnail_url":"https://image.simplecastcdn.com/images/c1f7074b-1a77-4fd0-b874-36e07b5a5765/ae68d498-e47f-4725-b4d7-392d730b53a9/eoym-1400x1400-podcast.jpg","thumbnail_height":300,"provider_url":"https://simplecast.com","provider_name":"Simplecast","html":"<iframe src=\"https://player.simplecast.com/48799bd0-7805-45be-a8be-769dffe52873\" height=\"200\" width=\"100%\" title=\"Start the Savings!\" frameborder=\"0\" scrolling=\"no\"></iframe>","height":200,"description":"\"In this month’s podcast, Ryan and Becky introduce listeners to the world of Registered Savings Plans and their related tax benefits. If you are ready to start saving, this is the episode for you.\n\nThe three main take aways from this episode:\n1) Just get started. Don’t worry about not having large deposits. It is important just to get going on a savings plan.\n2) If you need help, talk with a financial advisor. Find one you trust as they can help you document your goals and plans.\n3) Register with CRA for a My CRA account. You can find out how much contribution room you have for each plan.\n\nHelpful links:\nSetting up your account with CRA: https://www.canada.ca/en/revenue-agency/services/e-services/cra-login-services/cra-user-password-help-faqs/registration-process-access-cra-login-services.html\nRRSP information: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/registered-retirement-savings-plan-rrsp.html\nThe Tax-Free Savings Account: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account.html\nThe Tax-Free First Home Savings Account: https://www.canada.ca/en/department-finance/news/2022/08/design-of-the-tax-free-first-home-savings-account.html\nWhat is the Home Buyers' Plan (HBP)? https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan.html\nLifelong Learning Plan (LLP): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4112/lifelong-learning-plan.html\n\"\n"}