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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Article

Financial Life Stages of Older Canadians

Toronto, ON, June 1, 2015 – If older Canadians could take what they know now about the financial realities of retirement and apply that knowledge earlier in life, what would…

2 min read
Article

Investing in an RRSP and TFSA as a business owner

…be postponing thinking about your financial future, including your retirement. It’s a good idea to make time to select the best registered account to keep your investments in. Registered Retirement Savings Plans (RRSP)…

2 min read
Article

How to manage a windfall

…— a Registered Retirement Savings Plan (RRSP). It is designed to help you save for retirement. Along with saving for retirement, RRSPs have special tax advantages. Like other registered savings…

8 min read
Article

Top tips for new investors

…your goal. It’s okay to have more than one goal at the same time. A common investing goal is to build a retirement fund. A retirement fund is a long-term…

8 min read
Article

OSC Seniors Strategy

…now, you can visit the Retirement Planning section for a number of tools and articles on budgeting and saving for retirement. Research by the OSC found that only 14 per…

4 min read
Article

How annuities work

Your retirement plan may consider multiple sources of income. An annuity is one possible way to plan for income in retirement. Learn more about how annuity investments could fit with…

8 min read
Article

Inflation and your household budget

…manage short-term uncertainty. Review your long-term financial goals, including retirement. Inflation can affect the real worth of your retirement savings in the long term, so this is an opportunity to…

3 min read
Article

5 reasons to open an RRSP

…receive each year — but if you’re in a lower tax bracket in retirement, you’ll pay less tax. Make sure your RRSP fits into your overall financial and retirement plan….

2 min read
Article

Ways to contribute to an RRSP

Registered Retirement Savings Plans (RRSPs) are savings plans designed to help Canadians save for retirement. Your RRSP contributions can be put into investments or savings deposits while in the plan….

7 min read
Showing results 31-40 of 124