Information Sheet - Savings Plans (2010)

This document explains, in chart form, three special savings plans established by the Government of Canada: the Registered Education Savings Plan (RESP); the Tax-Free Savings Account (TFSA); and the Registered Retirement Savings Plan (RRSP).

For the RRSP, the authors also provide a chart that shows how much greater a return on investment someone can earn by starting to save at age 25 instead of waiting until age 30, 35, 40 or 45.

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2011-06-03
APA citation
ABC Life Literacy Canada. Information Sheet - Savings Plans 2010. Web. 6 Aug. 2020 <http://en.copian.ca/library/learning/abc_llc/financial_literacy/savings_plans/savings_plans.pdf>
ABC Life Literacy Canada (2010). Information Sheet - Savings Plans. Retrieved August 6, 2020, from http://en.copian.ca/library/learning/abc_llc/financial_literacy/savings_plans/savings_plans.pdf
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