The RRSP Can Put You on the Right Path to a Wealthy Future [Yahoo! Finance Canada]
Exxon Mobil Corporation (XOM)
Last exxon mobil corporation earnings: 5/1 07:34 am
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Source: Yahoo! Finance Canada
Canadians can lessen their tax payables while saving for retirement through the Registered Retirement Savings Plan (RRSP). Since money invested in the account grows tax-free, the RRSP can put you on the right path to a financially secure future. RRSP contributions are tax-deductible, but only income earners are eligible to open an account. For the income year 2025, the annual limit is 18% of earned income, not exceeding $32,490. When you file your tax return in 2026, you can deduct the RRSP contributions from your taxable income. Eligible investments A rewarding strategy is to hold income-producing assets in an RRSP, not cash. You want to maximize the tax-fee money growth feature. The qualified investments include bonds, mutual funds, government investment certificates (GICs), exchange-traded funds (ETFs), and stocks. However, you pay taxes on the funds you withdraw. Dividend stocks are preferred holdings, and investors typically take the buy-and-hold approach. You can harnes
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XOM
News
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- Market Chatter: Russian President Extends Exxon Mobil's Sakhalin 1 Stake Sale Deadline [Yahoo! Finance]Yahoo! Finance
- Should You Invest in the iShares U.S. Energy ETF (IYE)? [Yahoo! Finance]Yahoo! Finance
XOM
Earnings
- 10/31/25 - Beat
XOM
Sec Filings
- 12/19/25 - Form 4
- 12/18/25 - Form 4
- 12/15/25 - Form 4
- XOM's page on the SEC website