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

…has changed 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…

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

What is an RRSP?

A Registered Retirement Savings Plan can help you save for retirement. Before March tax filing time, there is often a rush to buy RRSPs. That’s because RRSPs can offer tax…

Article

Why does risk matter in investing?

…won’t meet your goal. If your goal was to retire comfortably, the lower return might mean that you need to delay retirement or accept a lower annual income in retirement….

8 min read
Article

Choosing your asset mix as an investor

…20 years away from retirement and keeps a moderate amount of his portfolio weighted towards equities, with fixed-income and cash equivalents taking up the rest. His mortgage on his home…

6 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
Showing results 41-50 of 130