Maya is planning to buy a house in 5 years and needs flexibility to withdraw her savings. Which account is more suitable for her goal?
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Question 2 of 5
2. Question
Liam is considering withdrawing a portion of his investments for a major purchase before retirement. From which account should he withdraw to avoid immediate tax implications?
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Question 3 of 5
3. Question
If Liam decides to withdraw from his RRSP after retirement, how will this withdrawal be treated for tax purposes?
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Question 4 of 5
4. Question
Liam wants to maximize his retirement savings with tax-efficient growth. Which account should he primarily use for this purpose?
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Question 5 of 5
5. Question
Maya wants to invest in a way that allows her earnings to grow without being taxed annually. Which account would best suit this need?