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2. Tax-free savings account - Wikipedia

   en.wikipedia.org/wiki/Tax-Free_Savings_Account

   The tax treatment of a TFSA is the opposite of a registered retirement savings plan (RRSP). Unregistered accounts are subject to tax and hold after-tax money, the TFSA is described as a tax-free account holding after-tax money, and the RRSP is described as a tax-deferred account holding pre-tax money that will be taxed on withdrawal.

3. Registered retirement income fund - Wikipedia

   en.wikipedia.org/wiki/Registered_Retirement...

   A registered retirement income fund (RRIF, French: fonds enregistré de revenu de retraite, FERR) is a tax-deferred retirement plan under Canadian tax law. Individuals use an RRIF to generate income from the savings accumulated under their registered retirement savings plan. As with an RRSP, an RRIF account is registered with the Canada Revenue ...

4. How Can I Invest Money Without Paying Taxes? 11 Tax-Free ...

   www.aol.com/invest-money-without-paying-taxes...

   Roth IRAs and Roth 401(k)s are retirement accounts that offer a unique tax advantage: you pay taxes on the money you contribute upfront, but withdrawals in retirement are tax-free, including the ...

5. First home savings account - Wikipedia

   en.wikipedia.org/wiki/First_Home_Savings_Account

   It has an annual contribution limit of $8000 CAD, up to a total limit of $40,000. Money placed in the account is tax-deductable, comparable to a registered retirement savings plan (RRSP). Money earned in the account through investments is also tax-free, comparable to a tax-free savings account (TFSA). [1]

6. 529 plan vs. Roth IRA: Here’s how families can use both to ...

   www.aol.com/finance/529-plan-vs-roth-ira...

   529 plans offer big tax savings for education “529 savings accounts are an incredible tool that provides savers with a combination of state income tax deductions, tax-deferred savings, and tax ...

7. Tax-deferred: What does it mean and how does it benefit you?

   www.aol.com/finance/tax-deferred-does-mean-does...

   Since the introduction of the Individual Retirement Account (IRA) in 1974, the U.S. government has passed legislation letting individuals contribute to tax-advantaged accounts.

8. Registered retirement savings plan - Wikipedia

   en.wikipedia.org/wiki/Registered_retirement...

   The RRSP's benefit comes mainly from the same benefit as a TFSA (permanently tax free profits on after-tax savings), plus a bonus/penalty from changing tax rates. There are a few benefit factors that add to a total. [11] [12] The only benefit that everyone always gets is from permanently tax-free profits on after tax savings. This is the same ...

9. Are you making the best use of tax-sheltered savings accounts ...

   www.aol.com/finance/making-best-tax-sheltered...

   Earnings can be withdrawn tax-free after age 59 1/2, provided the account has been open for at least five years. Ideal candidate: Younger investors or those who expect to be in a higher tax ...