Financial Planning -> RRSPs, RRIFs, TFSAs

Tax Free Savings Accounts (TFSAs),
Registered Retirement Savings Plans (RRSPs), and
Registered Retirement Income Funds (RRIFs)

See also our Company Pensions information, which includes information on Registered Pension Plans (RPPs), Deferred Profit Sharing Plans (DPSPs), Group RRSPs, and unlocking your locked-in pension accounts.

Tax-Free Savings Accounts

Registered Retirement Savings Plans (RRSPs)

What is an RRSP?

RRSP contributions

The deadline for RRSP contributions for the 2011 tax year is February 29, 2012.

S. 146(5)(a) of the Income Tax Act sets the deadline as "on or before the day that is 60 days after the end of the year", which is March 1st except in a leap year, when it will be February 29th.  See Important Dates on the Canada Revenue (CRA) website.

Who can contribute, and how much?

I didn't record my RRSP contributions on my previous year's tax return.  What do I do?

Reduce your income tax payments now for current RRSP contributions.

Transfer shares to your RRSP or TFSA, but not at a loss!

Holdings in an RRSP or RRIF

What investments can be held in an RRSP, RRIF, RESP or TFSA?

Foreign content limit for investments in RRSPs and RRIFs.

Which investments should be held inside vs outside the RRSP?

Recommended stocks/ETFs for inside or outside of your RRSP or TFSA

Beyond ETFs

Making "in kind" withdrawals from your RRSP or RRIF (investments can be transferred out, or to a TFSA)