PUT YOUR RRSP TO WORK RIGHT NOW

It's worth taking the time to learn about Registered Retirement Savings Plans.

Although RRSPs exist to encourage Canadians to save for retirement, the government does allow pre-retirement withdrawals for specific purposes.

RRSP BASICS

When you contribute to an RRSP, you are deferring income taxes while saving for your retirement. These days, because people are concerned about the government's future participation in pension plans, the RRSP is a solution that everyone should consider. [Details]

MOVE IN ON A HOME BUYER'S PLAN

Under the Home Buyer's Plan (HBP), you can use your RRSP funds as a down payment on a first home. [Details]

BACK-TO-SCHOOL WITH AN LLP

Under the Lifelong Learning Plan (LLP), you can use your RRSP funds to finance your studies and return to school. [Details]