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  2. Registered retirement savings plan - Wikipedia

    en.wikipedia.org/wiki/Registered_retirement...

    Registered retirement savings plan. A registered retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.

  3. Registered retirement income fund - Wikipedia

    en.wikipedia.org/wiki/Registered_Retirement...

    A registered retirement income fund (RRIF, French: fonds enregistré de revenu de retraite, FERR) is a tax-deferred retirement plan under Canadian tax law. Individuals use an RRIF to generate income from the savings accumulated under their registered retirement savings plan. As with an RRSP, an RRIF account is registered with the Canada Revenue ...

  4. Pensions in Canada - Wikipedia

    en.wikipedia.org/wiki/Pensions_in_Canada

    The Canada Pension Plan Investment Board (CPPIB) is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the CPP. As of December 31, 2022, the CPP Investment Board manages over C$ 536 billion in assets under management for the Canada ...

  5. Here’s How Much the Average Retiree in Canada Has in Savings

    www.aol.com/much-average-retiree-canada-savings...

    According to Ratehub, the average Canadian over the age of 65 has around $129,000 saved in their Registered Retirement Savings Plan (RRSP). When including Tax-Free Savings Accounts (TFSAs), this ...

  6. Canada Pension Plan - Wikipedia

    en.wikipedia.org/wiki/Canada_Pension_Plan

    The Canada Pension Plan (CPP; French: Régime de pensions du Canada) is a contributory, earnings-related social insurance program. It is one of the two major components of Canada 's public retirement income system, the other being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either employer-sponsored ...

  7. Locked-in retirement account - Wikipedia

    en.wikipedia.org/wiki/Locked-In_Retirement_Account

    Locked-in retirement account. A locked-in retirement account (LIRA, French: compte de retraite immobilisé (CRI)) or locked-in retirement savings plan (LRSP) is a Canadian investment account designed specifically to hold locked-in pension funds for former registered pension plan (RPP) members, former spouses or common-law partners, or surviving ...

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