Why RRSP season shouldn’t just be a month-long scramble [Wealth Professional (Canada)]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: Wealth Professional
However, H&R Block tax expert Micheal Davis believes that RRSP season shouldn’t just be a month-long scramble and should instead be an ongoing conversation that perhaps involves putting a little aside He told WP: “Telling people [close to the deadline] it would be very beneficial for you to go make a $5,000 deposit, that can be a stretch for some and lead to some families feeling a little strained. If they're looking at doing that, so they can bring themselves to a balance of zero or even get a small refund, then talk to them about preparing for that. Over the next year from March 3 all the way to next year, maybe put away a little bit as they go through the year.” Auto deposits are one obvious way for clients to get used to ongoing RRSP savings, while regular payments can also be a good way to utilize your TFSA all-year round. Davis explained: “[A client] could put money in the TFSA and have it gain some good interest. Then, if they need to access that money, it’s always there; there
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HRB
Earnings
- 5/9/24 - Beat
HRB
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 2/23/24 - Form 144/A
- HRB's page on the SEC website