The best RRSPs in Canada for 2024 May 23rd

How to go about securing the best Retirement Plan in Canada.

Latest News

Should you sell stocks you inherit? + MORE Sep 12th

An inheritance can be comprised of cash, securities, real estate, or other assets. When you inherit securities like stocks, there are income tax and strategic considerations. Here are some that you should keep in mind. How are stocks taxed when you inherit them? When a spouse or co.... More »

How to deal with your finances when the economy is stressing you out + MORE Mar 7th

Who would have thought that just a few month ago, all we had to “worry” about was the ongoing pandemic, high interest and inflation rates, and high grocery and housing costs. We’re three months into 2025 and so far we’ve had tariffs on Canadian goods threatened in February, then actual tarif.... More »

30 and no pension: What are your options? Sep 6th

Alexandre Crupi has a lot of expenses. The 31-year-old investment specialist at Steadyhand Investment Funds, along with his fiancee, are paying for a September wedding. Then there’s the cost of their forthcoming honeymoon. They hope some day to buy a house. On top of all that, Crupi doesn’t curr.... More »

Why “unretirement” may be the fate of so many Canadians Mar 14th

The idea of “unretirement” seems to be making a comeback as more Canadians find themselves under economic stress. Even before the tariff threats emerged under Trump 2.0, seniors and near-retirees were finding the economic uncertainty and rising cost of living becoming uncomfortable. No surprise .... More »

Can you move income back and forth between spouses? Aug 22nd

Ask MoneySense I have an investment property (condo) in my name. I would like to sell it and [have the proceeds] paid out half to me and half to my spouse. The plan is to make the maximum RRSP contribution for both of us to minimize the capital gain. Is that plan OK, legal, and wise? –Zlatko.... More »

The best RRSPs in Canada for 2024

– moneysense.ca

RRSPs

The best RRSPs in Canada
We’ve rounded up the best RRSP rates on savings accounts and GICs, as well as the best RRSP investment accounts.

Compare now

Tap the button for more details.

By Rebecca Cuneo Keenan and Keph Senett on May 23, 2024Estimated reading time: 19 minutes

Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differences between an RRSP and other kinds of registered accounts, like the tax-free savings account (TFSA) and first home savings account (FHSA). Plus, not all RRSPs are built the same—you’ll want to compare the saving and/or investing options they offer, as well as their interest rates and fees…

Continue Reading On moneysense.ca »

Why not follow our RSS feed to keep in sync with the latest Canadian Retirement news?

Share