Cashing out RRSP | RRSPs and RRIFs | Discussion forum

I had contributed to my rrsp for about 10 years then the first traditional cash tfsa came along *facepalm*.

Coincidently i went through a period of personal unemployment while undertaking employment/work under my incorporation. This allowed me to withdraw the rrsp at the same withholding penalty i would have paid at age 65 which i was a good 30 years from. It seemed like an easier pill to swallow and start max funding my tfsa/gic tfsa which have gotten reasonably better 4-5% offers over the last few years.....until 2025 3.35% at best