Registered Retirement Savings Plan (RRSP)
|Record #: HDC4358||Last Modified: 09 Jul 2020||Last Full Update: 09 Jul 2020|
|Description & Services|
|Description of service(s)||An RRSP is a retirement savings plan that you establish, that we register, and to which you or your spouse or common-law partner contribute. Deductible RRSP contributions can be used to reduce your tax.
Any income you earn in the RRSP is usually exempt from tax as long as the funds remain in the plan; you generally have to pay tax when you receive payments from the plan.
Visit the website for all important information on setting up an RRSP.
|Areas Served||Atlantic Canada ; Canada ; New Brunswick|
|Eligibility||Ages: 99 year(s) and under|
|Languages||English ; French|
|Located In Community||Ottawa|
|Service Level||(40) Federal Government|
|Service Categories||Federal Tax Collection Agencies|