The best TFSAs in Canada for 2024 + MORE Jun 11th

There are plenty of bank savings account options in Canada! Stay on top of the best plans right here.

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How does a TFSA work? + MORE Dec 3rd

One of the side-effects of working for a personal finance magazine is that I’m always asked for advice. I always oblige, albeit sheepishly, without letting on that I’m still learning, too (which I freely admit here). For instance, the other day I was having lunch with some friends when we starte.... More »

The best high-interest savings accounts in Canada for 2024 Nov 19th

Savings comparison tool Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »

How to plan for taxes in retirement in Canada + MORE Oct 22nd

Ask MoneySense When I retire and start to take an income, I would like to make sure the withholding tax is sufficient to cover what I would owe, when all my sources of income are considered. In my case I will have CPP, OAS, a small pension, RRSP/RRIF income. For each of these sources can I ele.... More »

Ayana Forward, financial advisor + MORE Feb 18th

Meet Ayana Forward Ayana Forward is a Certified Financial Planner based in Ottawa, Ont. She owns Retirement in View, a fee only financial planning firm that specializes in helping clients within one to five years of retirement navigate the financial and lifestyle aspects of transitioning out of t.... More »

The best high-interest savings accounts in Canada for 2024 + MORE Nov 5th

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.

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By Rebecca Cuneo Keenan and Keph Senett on June 10, 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…

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The best high-interest savings accounts in Canada for 2024

– moneysense.ca

Save

The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.

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Why trust us

MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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