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Registered Retirement Savings Plan RRSP users have exactly 14 days from today to contribute to their tax-sheltered account. Because RRSP contributions are tax-deductible, any user who stanley cups contributes before March 1, 2022, will surely pay lower taxes in the coming tax season.Tax deductions could be between 20% and 50%, depending on the stanley cup cont stanley cup usa ribution amount, income, and tax rate federal and provincial . For 2022, the maximum dollar amount is 18% of earned income or up to $29,210. I want to emphasize that users have 60 days after year-end to contribute for the previous year. Thus, contributions received after the deadline are not eligible for deduction for the 2021 taxation year.More than tax savingsA lower tax bill isn t the only benefit of contributing to an RRSP. The most meaningful advantage is tax-free growth over time. All interest, gains, and dividends grow tax-free as long as they stay inside the account. However, users must be aware of their tax brackets during withdrawals.Any with Wgap 2 Top Value Stocks to Buy Today
Whether the market is roaring or showing some signs of potential weakness, it can pay to be on the lookout for great income stocks. Investors planning to add high-quality dividend stocks to their portfolios in September should consider Cisco Systems NASDAQ: CSCO and ATT NYSE: T .These two stocks still look attractively valued as long-term investments. Both are backed by entrenched businesses that could benefit from technology trends that create positive catalysts even in the midst of potentially unfavorable shifts in macroeconomic conditions. They also pack dividend yields that are far above the 1.9% SP 500 index average and forward price-to-earnings multipl stanley cups uk es that are wel stanley cup l below the index average of 17.5.Read on for a deeper look at why these two central players in information technology stand out stanley sverige as worthwhile dividend stock additions聽to your portfolio.Image source: Getty Images.Cisco SystemsCisco stock has taken a spill since its fourth-quarter earnings report arrived w