Understanding RRSP: what is a registered retirement savings plan and how it works
Автор: BCU Financial Group
Загружено: 2023-02-03
Просмотров: 127
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In this video, you will learn what a registered retirement savings plan (RRSP) is, how it works and what benefits it gives. You will also discover the different types of RRSPs, the considerations to take into account when setting up an RRSP and a sample calculation of a contribution year.
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RRSP (Registered Retirement Savings Plan) is a government-approved way to help save money for your retirement by holding qualified investments such as term deposits, guaranteed investment certificates, mutual funds, bonds, and other eligible securities. One person can have several plans.
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