Registered Retirement Savings Plan (RRSP)

Invest in tomorrow, while saving on your taxes today

What is an RRSP?

An RRSP is a savings plan that lets you save for retirement on a tax-deferred basis, so your money could grow faster!

RRSP Contribution Limits & Rules

Find out what your annual RRSP contribution limit is, the penalty for over-contributing, and what happens to unused contribution room.

See What TD Offers

Choose from a range of RRSP options at TD, to help meet your retirement goals.

RRSP Withdrawal Rules

Understand the rules and regulations on making RRSP withdrawals.

Benefits of RRSPs

Tax deductions

Contributions can reduce your taxable income, lowering the tax you pay.

Tax deferral

Your investments can grow, tax-deferred, while in the RRSP.

Income splitting

The higher income-earning spouse or common-law partner can contribute in their spouse's or common-law partner's RRSP.

Canadian government programs

Access funds in your RRSP to help buy your first home or pursue further education.

Wondering how much to save for retirement?

We're here to help.

Use our Retirement Savings Calculator to estimate how much you’ll need to save to reach your retirement goals.

You may also be interested in:

Compound Interest Calculator

Use our compound interest calculator to see how your investments could grow over time.

RRSP Home Buyers' Plan

Explore the benefits of the RRSP Home Buyers’ Plan

TD Automated Savings Services

You decide how much you want to save and how often. We help take care of the rest.


Explore the differences between a TFSA and RRSP

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