Understanding Account Types

RRSPs contributions are tax-deductible, and the income earned on the investments is tax sheltered.

If you’re looking for a tax-free way to save, a Tax-Free Savings Account (TFSA) might be just what you need. Learn about how they work, who uses them and how TFSAs compare to RRSPs and RESPs.

Get answers to commonly asked questions about TFSAs including: contribution limits, withdrawals and types of investments you can hold in a TFSA.

Learn about how contributing to an RRSP can reduce your personal taxes, how RRSPs can be used to help with a down payment on your first home and more.

Registered Retirement Income Funds are an account type used by many Canadians who have saved for their retirement. Read on to learn about the benefits of RRIFs, how RRIFs work and more.

Get answers to commonly asked questions about RRIFs including: how RRIF withdrawals work and when you can convert your RRSP to a RRIF.

An RESP is a savings account that grows tax-free until the beneficiary is ready for post-secondary education. Learn about the types of RESPs, government grants and more.

Cash accounts may be used to save for shorter term goals such as a new car, or to supplement a longer term goal like a retirement savings.

Do you have questions about RESPs? We have answers.

A margin account is a brokerage account, very similar to a secured line of credit, which allows you to borrow money against the investments in your account.

Are you looking to invest on behalf of a business or organization? Choose from a range of accounts such as a Corporate, Investment Club, Partnership and more.

Learn more about eligible securities and applicable margin.