Business NewsMarketWire • REPEAT-BMO Annual Post-RRSP Deadline Study: Almost Two-Thirds of Canadians Made a Contribution This Year

REPEAT-BMO Annual Post-RRSP Deadline Study: Almost Two-Thirds of Canadians Made a Contribution This Year

REPEAT-BMO Annual Post-RRSP Deadline Study: Almost Two-Thirds of Canadians Made a Contribution This Year

- Sixty-three per cent have made or planned to make a contribution to their RRSP before the March 1st deadline, up from last year - Average contribution amount was $3,544, down $1,100 from last year - Psychology of Saving for Retirement: sense of responsibility was top motivator for making an RRSP contribution this year - Many of those expecting a tax refund plan to save or invest the money or put it towards bills

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