Registered retirement savings plans (RRSP) and registered pension plans (RPP) are both retirement savings plans that are registered with theCanada Revenue Agency(CRA).RRSPsare individual retirement plans, whileRPPsare plans established by companies to provide pension...
Contributions made by your employer to your RPP may also impact your RRSP contribution limit. Non-Registered Accounts Non-registered accounts can also be used to save up for retirement. These accounts allow you to invest in a wide variety of investments, so you are not necessarily restricted to...