Invest Your Way
When you're ready to invest, we're here to help.
REGISTERED PLANS
A registered savings plan is an account that has special tax benefits to help you maximize your deposits.
First Home Savings Account (FHSA)
Overview
Save for your first home, tax-free.
Key Features
- Save up to $40,000 for your first home
- Contribute tax-free for up to 15 years
- Carry forward unused contribution room, to a max of $8,000.
Tax-Free Savings Account (TFSA)
Overview
The flexible way to grow your savings without paying taxes.
Key Features
- No taxes on income or withdrawals
- Carry forward unused contribution room
- Take money out anytime
Registered Retirement Savings Plan (RRSP)
Overview
A smart way to reduce your taxes now and save more for retirement.
Key Features
- Investments are tax sheltered
- Only pay tax on what you take out
- Deduct contributions from your yearly tax return
Registered Retirement Income Fund (RRIF)
Overview
A RRIF uses your RRSP savings to provide you with a regular retirement income over your lifetime or until your RRSP savings are paid out.
Key Features
- Only pay tax on what you take out
- Keep growing your investments without paying tax
- Your spouse can inherit your savings tax sheltered
Registered Education Savings Plan (RESP)
Overview
A powerful way to save for your kids post-secondary education.
Key Features
- Your savings can grow tax sheltered
- Get yearly government grants up to $500
- Grandparents can contribute money directly
Registered Disability Savings Plan (RDSP)
Overview
A special savings plan to make it easier for people with disabilities.
Key Features
- Grow savings tax sheltered
- Only pay tax on the money taken out
- Contributions can be made until age 59
