Canada created the RRSP in the 1950s to give people without pensions another option to save money for the future. RRSPs started out less flexible than the current version but improved over the years.

Last Friday, I came home after work and Carolyn said to me, “Let’s go out tonight and have some fun.” “Sounds good to me,” I replied. “If you get back before me, just leave the light on.” Now, as it ...

The amount you can contribute to your RRSP or a spousal RRSP is based on your RRSP contribution limit. (Credit: Getty Images/iStockphoto) Spousal registered retirement savings plans (RRSPs) have been ...

Many couples no longer use spousal registered retirement savings plans to even out their marginal tax rates, but some advisors say there’s still a place for them in specific client situations.

Planning for your retirement is a big deal for Canadians! Registered Retirement Savings Plans (RRSPs) are a popular way to save. But there are some things that can make the Canada Revenue Agency (CRA) ...

CALGARY, June 14, 2018 /CNW/ - Cervus Equipment Corporation ("Cervus") (TSX: CERV) today announced that its founder, largest shareholder and Board Chair, Peter Lacey, and his wife, Kathy Lacey, have ...

Missed the RRSP deadline? Discover how to make the most of your tax savings with contributions and carry-forward rules. If you missed the RRSP contribution deadline, leveraging your Tax-Free Savings ...

Canadians planning for retirement face fresh challenges as Morningstar sets the 2026 safe withdrawal rate at 3.9%, replacing the long-standing 4% guideline. Coupled with RRSP conversion rules at age ...

With the contribution deadline for the registered retirement savings plan (RRSP) approaching, Canadians have more choices than ever for where they want to sock away their savings to get a lift on ...

A spousal RRSP is an RRSP owned by the lower-earning spouse in a couple to which the higher-earning spouse makes contributions. Despite contributing to the low earner’s account, the high earner gets a ...

If you participate in your employer’s pension plan, the amount you’re able to contribute to your registered retirement savings plan (RRSP) is reduced by something called a pension adjustment (PA).

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...