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How to Use a Spousal RRSP to Save Thousands in Retirement (2026 Guide)

  Published: April 2026 | Reading time: 10 min | Category: Retirement, Tax Savings, Personal Finance Most Canadian couples are leaving thousands of dollars on the table every single year by not using a spousal RRSP. It's one of the most powerful — and most underused — income-splitting strategies available to Canadians, and it's completely legal, fully endorsed by CRA, and available to almost every married or common-law couple in the country. If one spouse earns significantly more than the other, a spousal RRSP can save your household $5,000–$15,000 or more in lifetime taxes. This guide explains exactly how it works, who benefits most, and the rules you need to know to do it correctly. What Is a Spousal RRSP? A spousal RRSP is a Registered Retirement Savings Plan where one spouse (the contributor ) makes contributions, but the account is owned and will eventually be withdrawn by the other spouse (the annuitant ). The key mechanics: The contributing spouse gets the ...

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Unexpected Oasis: The Buddha Statue in New Jersey Unites Faiths

 

Just off a bustling state highway in Franklin Township, New Jersey, stands one of the largest Buddha statues in the United States. Rising 30 feet high from the woods near Princeton, this statue has become an unexpected interfaith hub and spiritual home for many.

Built a decade ago under the leadership of a Sri Lankan monk ordained in Theravada Buddhism, the statue is part of the New Jersey Buddhist Vihara and Meditation Center. The monk's dream was to unite people of all faiths, and today, that vision is a reality.

The center has become a gathering place for practicing Buddhists, Hindus, and Christians, reflecting New Jersey's diverse religious landscape. Among the regular visitors is Daniel Choi, a Princeton University professor who grew up in a Korean Christian church and now follows Tibetan Buddhism. He has been meditating in front of the Buddha statue since 2015 and describes it as a "public shrine" where people from various backgrounds come together.

The center also hosts interfaith gatherings and maintains a peace garden, tended to by a leader of the local Nepali community. Visitors often find themselves surrounded by colorful Tibetan prayer flags and an interfaith peace mural painted by local students.

"It's uniquely New Jersey," Choi said, noting the mix of people and the untraditional location of such a shrine. "You hear traffic, you hear people chatting, and yet, there's a sense of peace and connection here."

The New Jersey Buddhist Vihara follows Theravada Buddhism but welcomes all Buddhist traditions and other faiths. This inclusive approach has made it a beloved spot for curious tourists and passersby who come to sit in front of the statue, take in the moment, and soak in the vibe.

In a world where finding common ground can be challenging, this unexpected oasis in New Jersey offers a place for people of different faiths to come together, find peace, and connect.



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