Investment Accounts
Explore a variety of investment account options, including the First Home Savings Account (FHSA), Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), Registered Education Savings Plan (RESP), and non-registered investment accounts. Selecting the right account can help maximize the effectiveness of your savings strategy while supporting both your short- and long-term financial objectives.
Explore registered and non-registered account options designed around different savings objectives and investment timelines.
Choose an account that fits your financial goals
With several account types available, it’s important to choose one that matches your financial goals, investment timeline, and eligibility. Explore the options below to determine which account best suits your needs. For many Canadian investors, the FHSA, RRSP, TFSA, and RESP serve as the primary foundation for building long-term financial security and achieving important life goals.
Explore your investment account options
Explore a variety of investment account options, including the First Home Savings Account (FHSA), Registered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), Registered Education Savings Plan (RESP), and non-registered investment accounts.
FHSA (Tax-Free First Home Savings Account)
A First Home Savings Account (FHSA) enables eligible first-time homebuyers to save toward the purchase of their first home while benefiting from valuable tax advantages, subject to applicable contribution and withdrawal limits.
RRSPs (Registered Retirement Savings Plan)
An RRSP is a tax-advantaged investment account designed to help Canadians build retirement savings while potentially reducing taxable income through eligible contributions.
TFSAs (Tax-Free Savings Account)
A Tax-Free Savings Account (TFSA) allows your investments to grow free from tax, offering a flexible way to save for a wide variety of financial goals throughout different stages of life.
RESPs (Registered Education Savings Plan)
An RESP is an education savings account that helps families save for future post-secondary education expenses, including university, college, and other eligible programs.
FHSA (Tax-Free First Home Savings Account)
A First Home Savings Account (FHSA) enables eligible first-time homebuyers to save toward the purchase of their first home while benefiting from valuable tax advantages, subject to applicable contribution and withdrawal limits.
Match your account to your savings objective
Purchasing your first home
FHSA accounts can help eligible first-time homebuyers save toward the purchase of their first home.
Retirement planning
RRSPs are designed to help Canadians build retirement savings while potentially reducing taxable income through eligible contributions.
Flexible savings and wealth accumulation
TFSAs offer a flexible way to save and invest for a wide variety of financial goals.
Funding education
RESPs help families save for future post-secondary education expenses.
Generating retirement income
RRIFs and LIFs are designed to provide retirement income for individuals approaching or living in retirement.
Additional investment assets
Non-registered investment accounts can provide flexibility when investors have additional assets beyond registered contribution limits.
Retirement Income accounts
Registered Retirement Income Funds (RRIFs) and Life Income Funds (LIFs) are designed to provide retirement income by allowing eligible withdrawals from retirement savings while continuing to manage invested assets.
Registered Retirement Income Funds (RRIFs)
Registered Retirement Income Funds (RRIFs) are designed to provide retirement income by allowing eligible withdrawals from retirement savings while continuing to manage invested assets.
Long term
Life Income Funds (LIFs)
Life Income Funds (LIFs) are designed to provide retirement income while allowing eligible retirement savings to remain invested.
Long termNon-Registered Investment Accounts
A non-registered investment account offers flexible investing without contribution limits. Unlike registered accounts, investment income and capital gains earned within the account are generally subject to applicable taxes.
This type of account can be useful for investors who have additional assets to invest after maximizing available registered contribution limits.
Primary savings objective: Meeting short-term financial needs or investing additional assets after maximizing RRSP and TFSA contribution limits.
Find the investment account that fits your financial objectives.
Explore Your Options →Investing in mutual funds may involve commissions, management fees, and other applicable expenses. Before making any investment decision, carefully review the relevant prospectus or offering memorandum and consider consulting a qualified financial advisor. Investment funds are not guaranteed, their value may fluctuate over time, and investors may experience gains or losses. Historical performance should not be considered a guarantee of future results.