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
Non-Registered Savings Plan
This flexible savings plan lets you set aside additional savings for your personal plans or for your retirement.
Benefits of a non-registered savings plan:
- Save for a life project or for retirement
- Continue investing after reaching maximum RRSP and TFSA contribution limits
- No limit on contributions
Compare our savings plans
|Age limit for contributions||71||100||71||100|
|Savings grow tax-free||-|
|Taxable at withdrawal or year end?||Withdrawal||-||Withdrawal||Year end|
|Unused contribution room can be carried forward||-||-|
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 TFSI
Our expert, Patrice, discusses the differences between these two savings vehicles: the registered retirement savings plan and the tax-free savings account