Registered Retirement Savings Plan (RRSP) - Canada. ca An RRSP is a retirement savings plan that you establish, that the CRA registers, and to which you or your spouse or common-law partner contribute Deductible RRSP contributions can be used to reduce your tax
What is an RRSP? Registered Retirement Savings Plan Explained . . . A Registered Retirement Savings Plan (RRSP) is what’s called a tax-advantaged account, which is something the government created specifically to provide tax breaks to anyone who takes the time to use them
Registered retirement savings plan - Wikipedia Rules determine the maximum contributions, the timing of contributions, the assets allowed, and the eventual conversion to a registered retirement income fund (RRIF), or an annuity, or the withdrawal of all funds within the RRSP, at age 71 [4]
What is an RRSP and how does it work - GetSmarterAboutMoney. ca A self-directed RRSP account allows you to play a more active role in choosing and managing the investments in an individual or spousal RRSP Self-directed RRSPs are available at investment firms — both full-service and discount brokerage firms
What is an RRSP and how does it work? - Fidelity What is an RRSP? A Registered Retirement Savings Plan (RRSP) is a type of investment account that allows you to reduce the tax payable on your current income when you save it for the future
Registered Retirement Savings Plan (RRSP) - RBC Royal Bank An RRSP is a registered investment account that lets you save for your retirement by deferring taxes on your investment earnings This means more of your money can stay invested and grow faster
What is a RRSP? Complete RRSP Guide [2025] | Protect Your Wealth What is a Registered Retirement Savings Plan (RRSP)? A Registered Retirement Savings Plan (RRSP) is a tax-advantaged retirement savings plan that is established by you and registered by the government