Definition

Locked-in retirement account (LIRA)

An account that holds money moved out of a pension plan. You may use one if you are changing companies... Read Full Definition

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Article

Create your investment plan

A well thought out investment plan is an important tool to help you reach your financial milestones, such as buying your first home or being ready for retirement. It can…

2 min read
Article

OSC Seniors Strategy Updates

…to provide staff with specialized input on securities-related policy, operational, education and outreach activities. Research On July 27, 2018, the OSC published Encouraging Retirement Planning through Behavioural Insights, a research…

5 min read
Article

Steps to offering a financial lifeline

…recently. Has this affected your retirement plan? Our Budget Worksheet can help you confirm whether your plan is still on track or needs adjusting. Check your retirement cash flow. If…

4 min read
Article

Saving for long-term goals

…the Registered Retirement Savings Plan (RRSP) and the Tax-Free Savings Account (TFSA) can be used for retirement savings goals. See which one is right for you. Consider paying down debt….

3 min read
Article

Contributions and transfers

On this page you’ll find Making RDSP contributions Rolling over retirement funds into an RDSP Transferring to another RDSP Making RDSP contributions Anyone can contribute to an RDSP until the…

2 min read
Article

Individual Pension Plans (IPPs)

retirement income options: Provincial and federal pension laws apply to IPPs – and can restrict flexibility in retirement income planning. Cost and complexity: IPPs have higher set up costs and…

2 min read
Article

How Group RRSPs and Group TFSAs work

Registered Retirement Savings Plans (RRSPs) help Canadians save towards retirement and offer certain tax benefits. Tax-free Savings Accounts (TFSAs) are a savings vehicle that Canadians can use towards retirement or…

2 min read
Article

5 questions to ask your advisor when markets are volatile

…goals. These objectives could include target income during retirement or expected returns upon your retirement date. Also, it’s important to regularly discuss potential rebalancing of your portfolio to make sure…

3 min read
Article

Managing your finances solo

…putting aside money for any goal, the better. 5. Have a retirement plan Retirement planning can feel daunting for anyone. It’s is a long-term investing goal that depends on your…

4 min read
Showing results 41-50 of 125