…plan for your TFSA? Unlike other investing accounts, like a Registered Retirement Savings Plan (RRSP), there is no time limit for how long you can keep a Tax-Free Savings Account…
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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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…your risk level. If you work with an advisor, this is something you should do regularly. If you’re approaching a big goal such as retirement, you may want to talk…
Types of investments
…Learn more about GICs. Annuities Annuities are most commonly used to generate retirement income. An annuity is a contract with a life insurance company. You deposit a lump sum of…