Definition

Locked-in retirement account (LIRA)

An account that holds money moved out of a pension plan. You may use one if you are changing companies... Read Full Definition

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Showing results 121-126 of 126
Article

How can you make money from investing?

…This depends on the type of investment account you have. If your investments are in a registered account, such as a Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan…

6 min read
Article

How RDSP payments and withdrawals work

…disabilities save for the future. It can be an important part of retirement planning for those who benefit from an RDSP. The beneficiary of the account is the person who…

4 min read
Article

How you can calculate your TFSA contribution room

…into your TFSA each year? The Tax-Free Savings Account (TFSA) has the same annual contribution limit for all Canadians. This is different from the Registered Retirement Savings Plan (RRSP), which…

4 min read
Article

Five ways to find money to save

…you may have new expenses, such as higher rent or childcare costs, that need to be offset by savings elsewhere. You might also have a larger investing goal, like retirement,…

6 min read
Article

How to make an investment policy statement

…and needs. Your investor policy should include: 1. What you’re investing for, and when. These are the goals you want to reach, such as retirement, education savings, or other reasons….

8 min read
Article

The many faces of financial elder abuse

Financial abuse is one of the most common forms of elder abuse in Canada. Learn how to identify and prevent it, plus where to go for help if you or…

6 min read
Showing results 121-126 of 126