u/Inevitable-Donkey186

I'm trying to churn various bank account chequing offers while still doing all my main banking on WS. So much free money though to quickly do a bank account elsewhere for $500 here and there; often a requirement is "pre authorized payments"; now setting up my credit cards and ensuring these vestigal churn accounts have the exact float for a credit card is a pain, it would be so much simpler to just take out like $10 from WS a few times to meet the terms in the most trivial way possible. Anyone here have luck with that?

RRSP/fhsa utilization was always trivial: max it out and every penny put in got you 50% back because marginal tax rate was 50%. Stopping part way last year; my marginal tax rate is only about 30%; I can dump all my rrsp/fhsa for the year to get that 30% return, though part of me is wondering if I should hold out for the possibility that I return to employment.

My intuition is that 30% is still *good enough*. If I hold out it's possible I can't ever attain a 50% marginal tax rate again (like just working part time or for only part of a year) or if I do it's in the far future and it was just silly to not get the time value of my current 30% or it never happens and I threw away the risk free 30% I could have gotten now. Also it's not like I'll have zero room if I use what I have contributed for 2025, as my partial workyear earnings have still created a chunk of rrsp room for the future.