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

Search results

Sort & Filters

Content Types
Topics
Showing results 21-30 of 124
Article

The top differences between TFSAs, RRSPs and FHSAs

Many Canadians hold multiple types of investing accounts at the same time. There are advantages to using Tax-free Savings Accounts (TFSA), Registered Retirement Savings Plans (RRSPs), or a First Home…

5 min read
Article

National Investor Research Study

…most likely to be optimistic about retirement, but least likely to have started saving for retirement. Percentage of pre-retirees who expect their standard of living will be better in retirement than it…

3 min read
Article

Planning for long-term care

…Ontario’s retirement homes. Learn more about retirement homes or assisted living care. Long-term care facility – When you can no longer live independently, and need 24-hour care or supervision, you can…

5 min read
Article

What is an investment time horizon?

…Long-term investment goal — saving for retirement, which could take multiple decades. What is the relationship between risk and your time horizon? Your time horizon and the risk of an…

6 min read
Article

Personal finance for veterans and service members

…future. Learn more about making a plan to reach your goals. Tackle your retirement plan. Your retirement plan should take into account your expected income sources in retirement as well…

5 min read
Article

Investing in an RRSP and TFSA as a business owner

…in. Registered Retirement Savings Plans (RRSP) and Tax-Free Savings Accounts (TFSA) are often used to help achieve personal retirement goals. Investing in a Registered Retirement Savings Plan (RRSP) RRSP contributions…

2 min read
Article

Calculate your RRSP savings

…much you contribute to your RRSP, and how frequently (pre-retirement) The annual rate of return in your RRSP (pre-retirement) The number of years left before your retirement RRSP Savings Calculator…

1 min read
Article

When to review your plan

retirement lifestyle​​ Early retirement years You may want to work less and pursue interests like travel, volunteer work or part-time work. Starting a new business Turning your retirement savings and…

1 min read
Article

Saving for a down payment

…home. 1. Saving in a Registered Retirement Savings Plan A Registered Retirement Savings Plan (RRSP) is a type of account that can be used for either investments or savings. Your…

7 min read
Showing results 21-30 of 124