Life Income Funds (LIF)
Let’s say your savings have been placed in a locked-in retirement account (LIRA). Well, with a life income fund (LIF) …
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Locked-In Retirement Account (LIRA)
If you have switched to a different employer and want to transfer any funds from your group pension plan to an individual plan …
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Segregated Fund
Being similar to mutual funds, the thing that sets segregated funds apart is the guarantee offer of investment protection against possible market downturns.
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Registered Education Savings Plan (RESP)
A registered education savings plan, also known as an RESP, is an investment option that allows Canadian families …
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Tax-Free Savings Account (TFSA)
The tax-free savings account, also known as the TFSA, is a unique savings account available to anyone 18 years or older.
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Registered Retirement Income Fund (RRIF)
A registered retirement income fund (RRIF) basically adds on as an extension to a registered retirement savings plan (RRSP).
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Registered Retirement Savings Plan (RRSP)
When you want to save money for your retirement, RRSP is the plan for you. With RRSP, you can invest money tax-free, as well as deduct all contributions …
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Non-Registered Savings Plan
Similar to a personal savings account, the non-registered savings plan allows you to save money, whether that be for a project or to grow …
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