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  2. Registered retirement savings plan - Wikipedia

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

    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. 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 ...

  4. Registered retirement income fund - Wikipedia

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

    A registered retirement income fund ( RRIF) 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 Agency .

  5. 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 forms one of the two major components of Canada 's public retirement income system, the other component being Old Age Security (OAS). Other parts of Canada's retirement system are private pensions, either ...

  6. Locked-in retirement account - Wikipedia

    en.wikipedia.org/wiki/Locked-In_Retirement_Account

    A locked-in retirement account (LIRA) 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 spouses or partners. Funds held inside LIRAs / LRSPs normally only become ...

  7. Individual retirement account - Wikipedia

    en.wikipedia.org/wiki/Individual_retirement_account

    Individual retirement account. An individual retirement account [1] ( IRA) in the United States is a form of pension [2] provided by many financial institutions that provides tax advantages for retirement savings. It is a trust that holds investment assets purchased with a taxpayer's earned income for the taxpayer's eventual benefit in old age.

  8. Pension - Wikipedia

    en.wikipedia.org/wiki/Pension

    A defined contribution (DC) plan, is a pension plan where employers set aside a certain proportion (i.e. contributions) of a worker's earnings (such as 5%) in an investment account, and the worker receives this savings and any accumulated investment earnings upon retirement.

  9. New Federal Proposal Could Give You a 5% Match on Retirement ...

    www.aol.com/finance/federal-proposal-could-5...

    The group fears that giving workers access to the federal retirement plan would encourage private employers to drop their 401(k) plans and send workers to the Thrift Savings Plan, especially ...

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