Canada
US
You are now leaving our website and entering a third-party website over which we have no control.
Retirement Savings Plan (RRSP)
Account Highlights
Expand your investing horizons with a TD Easy Trade RSP2 and take advantage of tax-deferred benefits.
-
Defer your taxes not your retirement goals
Don't put retirement in a corner. Every dollar you contribute now can reduce your taxes this year and may get you one step closer to your goals.
-
Simpler can be better
TD Easy Trade is designed for goals just like retirement. -
Build a custom portfolio
Keep it local or expand to the U.S. You'll find investments that suit your plans and your risk level. -
No U.S. or Canadian currency conversion costs
With both in the Canadian and U.S. dollar components of an RRSP, you can trade in the currency of the stock or TD ETF without worrying about currency conversion costs related to these currencies. If you don't have sufficient funds, you would incur a currency conversion cost.
We take care of the administration of your account, from registering your account to transfers from another financial institution.
TFSA vs. RRSP
Whether you're saving for retirement, homeownership or education, RRSPs and TFSAs can help. Review our comparison chart to understand the difference.
|
RRSP |
||
|---|---|---|
|
Primary purpose |
Investing for any goal |
Retirement, home purchase or education |
|
Annual contribution limit |
18% of previous year’s earned income (maximum limits apply), less pension adjustments |
|
|
Contributions |
Not tax-deductible |
Tax-deductible |
|
Unused contribution room |
Carried forward |
Carried forward |
|
Growth |
Tax-free |
Tax-deferred |
|
Withdrawals |
You’re not taxed on withdrawals |
Funds that are withdrawn are charged a prescribed withholding tax at the time of withdrawal, but will be ultimately taxed as income at your marginal rate. This may affect government benefits such as old age security |
|
Withdrawn amounts |
Added to contribution room in future years |
Contribution room is lost for amounts you withdraw |
Managing the potential of your RRSP
- Stocks
Invest in selected common and preferred shares from companies listed on six North American exchanges.
- TD ETFs
The TD ETF (Exchange-Traded Fund) lets you invest in a collection of securities across different geographic regions or industries based on specific investment strategies.
Important Account Information
-
An Investor’s Guide to Making a Complaint Part 1 of 2: Making a Complaint: A Guide for Investors
Part 2 of 2: How Can I Get My Money Back: A Guide for Investors
Let's get started
Whether you’re new to investing or have some experience, we'll get you going in the right direction with your TD Easy Trade account.