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.
RRSP, TFSA and other saving 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.
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.