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A Simple Guide to Understanding RRSPs
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 Registered Retirement Savings Plans (RRSPs) are accounts registered with the Canada Revenue Agency (CRA) that help you save for retirement or other goals. To make it easier, the British Columbia Securities Commission has created a simple guide to understanding RRSPs. In this post you’ll learn about:

  • Advantages and disadvantages of RRSPs
  • Different types of RRSPs
  • What you should know when opening an account
  • How to access your savings when you retire

Click on "Access this resource" to read more. 

Author: BC Securities Commission
Topic: Asset building and saving, Tax filing and benefits
Location: British Columbia, Canada
Format: Fact sheet, Guides
Content Type: Research
Publication Date: February 3, 2023