Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Registered Pension Plans TaxTips.ca
Canadian Tax and
Financial Information

If you use an ad blocker, please consider a small contribution to help keep TaxTips.ca free for everyone.

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!
Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Financial Freedom
Financial Planning
RRSP RRIF TFSA
Real Estate
Investing
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Prov/Terr Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources
Financial Planning -> Pensions -> Registered Pension Plans (RPPs)

What are Registered Pension Plans (RPPs)?

Registered pension plans are pension plans that are regulated by federal or provincial pension legislation, and must be registered under the Income Tax Act.  There are two types of registered pension plans - defined benefit pension plans (DB), and defined contribution pension plans (DC).  Defined contribution plans are also known as money purchase RPPs.

Defined Benefit Pension Plans (DBPP):

What are defined benefit pension plans?

Characteristics of defined benefit pension plans

Defined Contribution Pension Plans (DCPP):

What are defined contribution pension plans?

Characteristics of defined contribution pension plans (money purchase RPPs)

Pooled Registered Pension Plans

Individual Pension Plans (IPPs)

Annual contribution limits

See our RRSP/RRIF page for annual limits for RPPs.

Registered pension plan regulators and legislation

Locked in Retirement Accounts (LIRAs) - aka locked-in RRSPs

bulletconversion to LIF, LRIF, or life annuity
bulletmandatory conversion to life annuity

Federal RPP transfer to LIRA

LIF and LRIF minimum and maximum withdrawals

Unlocking your locked-in pension accounts

Revised: September 14, 2021

 

 

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.