RRSP, TFSA AND OTHER
The importance of saving
- For all your short-, medium- and long-term life goals, like travelling or buying your first home or dream car
- To enjoy a comfortable retirement or save for a rainy day fund
- To grow your money with peace of mind
Meet with a financial advisor to set up a savings plan based on your financial goals, your situation and your current and future needs.
Only 34% of Canadians contribute to an RRSP.
Government benefits account for only approximately 37% of retirement income, which is why a savings strategy is so important.
Start saving early and invest regularly, even if just a little at a time, to reach your retirement savings goals faster.
Registered Retirement Savings Plan
Compare our savings plans
|Age limit for contributions||71||1001||71||1001||71|
|Tax-deductible contributions||-||-||-||For the company|
|Savings grow tax-free||-|
|Taxable at withdrawal or year end?||Withdrawal||-||Withdrawal||Year end||Withdrawal|
|Unused contribution room can be carried forward||-||-||Under certain conditions|
1. The maximum age for initial investment varies according to the guarantee (series) chosen.
Tips to invest better
Why work with an advisor
Our expert, Patrice, presents the key advantages of working with a financial advisor to make investments and achieve financial objectives.
The advantages of investing in an RRSP and a TFSA
Our expert, Patrice, discusses the differences between these two savings vehicles: the registered retirement savings plan and the tax-free savings account
Retirement savings plans advice
Registered Retirement Savings Plan (RRSP): Why Invest?
Demystify the Registered Retirement Savings Plan (RRSP) and discover the advantages of investing in an RRSP instead of a TFSA.
RRSP or TFSA?
Like registered retirement savings plans (RRSPs), tax-free savings accounts (TFSAs) also offer a significant range of benefits when it comes to saving for retirement.