Zack Fenech is a professional finance writer from Toronto. He is passionate about demystifying complex finance topics and making them digestible and easy to follow for the average Canadian. Zack has ...

The tax-free withdrawals of a TFSA offer more flexibility, but the tax-deferred contributions to an RRSP are great for retirement. The type of account you choose will depend on your savings goals.

Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part of an RRSP, and which withdrawal strategy may be the most tax-efficient? I come ...

At some point, a registered retirement savings plan (RRSP) is typically converted to a registered retirement income fund (RRIF). The latest you can defer the conversion of your RRSP to a RRIF is the ...

A. I purchased a home this month but the closing will be on Feb. 28, 2010. I may need to use funds from my Registered Retirement Sav­ings Plan (RRSP). Can I defer the tax withdrawals to 2010 tax ...

Canadians spend most of their working lives stuffing money into a registered retirement savings plan (RRSP) to live off later in life. Yet, advisors say not enough effort goes into figuring out the ...

So this is a Canadian specific question, but the principles are probably still relevant to those in the US. In Canada, we have an account called the Registered Retirement Savings Plan (RRSP). The ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Getty Images A Registered Retirement Savings Plan is a Canadian retirement savings account ...

When it comes to saving and investing in Canada, two highly popular registered account options are the Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). Both offer ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Yarilet Perez is an experienced multimedia journalist and fact-checker with a Master of ...

A spousal RRSP allows the higher-earning person in a married or common-law couple to contribute to a retirement savings account in their partner’s name. Many or all of the products on this page are ...