USRegistered 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.
TFSA vs. RRSP
Explore the differences between a TFSA and RRSP
Ways to Apply
Book an appointment
Meet with a banking specialist in person at the branch closest to you.
Call us
Our banking specialists are ready to answer your questions and can assist you in opening an account.