As we can see, the value of non-registered investment ($2,083) after-tax, is worth less than the value of the RRSP ($2,100), meaning your RRSP has effectively given you a tax-free return of $100 (five ...

A recent BMO survey found 38 per cent of Canadians dip into their RRSPs early for one reason or another. If holiday debt has you eyeing your RRSP savings it’s important to know that early withdrawals ...

Saving for your future in Canada means choosing between two accounts with distinct benefits. Registered Retirement Savings ...

For example, Canadians with children should max out their RESP, Mr. Golombek says. That’s because the federal government ...

A non-registered account, on the other hand, doesn’t offer any tax advantages: All the investment income is taxable. Still, ...

Key Takeaways TFSAs allow Canadians to earn investment income tax-free, which can significantly accelerate long-term growth.

The Plan: Convert the LIRA to a LIF and unlock half the value, then convert his RRSP to a RRIF and begin withdrawing. Defer ...

Understand the FHSA and its role in home savings. Make the most of tax benefits while saving for your first house.

The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...

Use these tips to talk TFSAs, RRSPs and FHSAs in the new year A new year means new contribution room for eligible taxpayers ...

If you’re not among the few who max out their TFSA every January 1, these new year TFSA tips can help you avoid penalties and ...