A Registered Retirement Savings Plan can help you save for retirement.
There are many good reasons to open an RRSP, including tax-free savings.
RRSP contributions can be put into investments or savings deposits while in the plan – and contributions are tax deductible.
Money can be withdrawn from an RRSP before retirement but there are tax implications to be aware of.
Both offer tax advantages to help reach savings goals but be aware of the differences between them.
The First Home Savings Account is designed to help you save for your first home.
In this video, find out about the kinds of investments you can put in an RRSP.
In this video, learn how tax brackets work, and they can help you determine if contributing to an RRSP is right for you.