TFSA, RRSP, FHSA, RESP and RRIF accounts and how they differ.
Choose a registered account by its purpose, eligibility and contribution rules before comparing providers. An account's tax treatment is separate from the investments held inside it.
Government of Canada
Estimate retirement income from public pensions, workplace pensions and savings. The government cautions that estimates are not a financial plan.
CI Direct Investing
Education savings account in the managed-investing lineup. Grants depend on eligibility and plan rules, while investment fees still apply.
CI Direct Investing
Retirement income fund available in the registered-account lineup. Spousal RIF and locked-in income options are listed separately.
CIBC
An RRSP savings account with guaranteed principal and interest, accessible funds and tiered interest.
CIBC
A savings option within a first home savings account that earns interest on contributions and permits access to funds.
CIBC
A tax-free savings account paying daily interest with access to funds and recurring deposits.
Desjardins Disnat
Education savings plan with self-directed investment selection. Holding an RESP is a listed inactivity-fee waiver condition, but other charges may apply.
Desjardins Disnat
Self-directed retirement income fund. Holding a RRIF is a listed inactivity-fee waiver condition; investment selection and other trading charges remain relevant.
EQ Bank
Interest-paying First Home Savings Account.
Desjardins
A first-home savings account with tax-deductible contributions and tax-free qualifying home-purchase withdrawals.
EQ Bank
A registered cash savings option for a first home, with tax-deductible contributions and tax-free qualifying withdrawals. It is not available in Quebec.
Ontario Securities Commission
Investor education and calculators for budgeting, investing costs, education savings and home savings. Outputs illustrate assumptions, not guaranteed results.
Justwealth
An online portfolio manager offering ETF portfolios with an assigned portfolio manager, including RESP options.
Full details for Justwealth Portfolios (opens in new tab)Meridian Credit Union
Education savings plan opened through a branch advisor appointment. Confirm required identification directly with Meridian, not through this website.
National Bank Direct Brokerage
NBDB lists education savings plans in its brokerage applications, with a separate family RESP form. Confirm available holdings and plan administration charges.
Oaken Financial
RIF holding GICs with flexible income payments.
RBC Royal Bank
RBC First Home Savings Account with no minimum to open.
RBC Royal Bank
A Registered Education Savings Plan at RBC that can receive the Canada Education Savings Grant.
Full details for RBC RESP (opens in new tab)RBC Royal Bank
Compare income and expenses to explore retirement cash flow. Replace dated default pension examples with current personal estimates.
RBC Royal Bank
A Registered Retirement Income Fund at RBC to draw income from RRSP savings.
Full details for RBC RRIF (opens in new tab)Desjardins
A short-term savings account available in registered and non-registered forms. Registered accounts earn 0.55% and non-registered accounts earn 0.05%.
Full details for Regular savings account (opens in new tab)Desjardins
A retirement savings account with tax-deductible contributions and taxable withdrawals.
Simplii Financial
A retirement savings account with tax-deductible contributions and no minimum deposit or balance.
Full details for RRSP Savings Account (opens in new tab)EQ Bank
A retirement savings account with tax-deferred growth. It is not available in Quebec.
Tangerine
A retirement savings account with the tax benefits of an RSP.
Full details for RSP Savings Account (opens in new tab)Tangerine
Guaranteed investment held inside a retirement income fund.
Tangerine
A savings account that earns tax-free interest within your TFSA contribution room.
Full details for Tax-Free Savings Account (opens in new tab)Simplii Financial
A savings account with tax-free interest and withdrawals, subject to TFSA contribution limits.
Full details for Tax-Free Savings Account (opens in new tab)EQ Bank
A registered account offering tax-free interest on cash savings, subject to contribution limits.
TD Canada Trust
Explore retirement savings needs through an interactive planning calculator. Results are estimates, not an investment account or guaranteed outcome.
Desjardins
A savings account with tax-sheltered growth and tax-free withdrawals within TFSA limits.
Wealthsimple
RRSP with managed, self-directed and savings options.
Distinguish retirement, first-home and education saving needs.
Verify contribution room, residency rules and withdrawal conditions.
Compare administration, investment and transfer fees, plus available holdings.
Contribution limits and tax consequences depend on the account and your circumstances. Check CRA guidance before contributing.
Confirm current fees, rates and eligibility directly with the provider. Product terms can change over time. A listed product is not a recommendation or a promise of approval.
Availability must be confirmed for your province or territory. If product-specific location or eligibility information is missing, it is not confirmed.
For further guidance, visit Canada Revenue Agency: registered plans.
This is general information, not personalized advice. Read our editorial policy and affiliate disclosure.
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