Canada created the RRSP in the 1950s to give people without pensions another option to save money for the future. RRSPs started out less flexible than the current version but improved over the years.

Canadians are using their self-directed Registered Retirement Savings Plans (RRSPs) to build portfolios of investments that can provide retirement income along with company and government pensions.

Last Friday, I came home after work and Carolyn said to me, “Let’s go out tonight and have some fun.” “Sounds good to me,” I replied. “If you get back before me, just leave the light on.” Now, as it ...

The Liberal Party pledged to make housing more affordable by widening the rules on who could raid their RRSPs to buy a home. "My first reaction was that that was fantastic news," says Barrie, Ont., ...

Many couples no longer use spousal registered retirement savings plans to even out their marginal tax rates, but some advisors say there’s still a place for them in specific client situations.

The amount you can contribute to your RRSP or a spousal RRSP is based on your RRSP contribution limit. (Credit: Getty Images/iStockphoto) Spousal registered retirement savings plans (RRSPs) have been ...

Missed the RRSP deadline? Discover how to make the most of your tax savings with contributions and carry-forward rules. If you missed the RRSP contribution deadline, leveraging your Tax-Free Savings ...

Financial advisors have a critical role to play during RRSP season in educating Canadians about tax-registered plans and helping clients take best advantage of the investment vehicles available, ...

Clients are feeling uneasy this RRSP season, given that equities markets got off to a jolting start in 2016, but are not in panic mode. Most clients are sticking to the comfort and discipline of ...

If you participate in your employer’s pension plan, the amount you’re able to contribute to your registered retirement savings plan (RRSP) is reduced by something called a pension adjustment (PA).

Spousal registered retirement savings plans (RRSPs) have been around for decades, and for many couples, these plans can play an important role in reducing tax upon retirement. But, they can be ...