Registered Retirement Savings Plan (RRSP)

The Registered Retirement Savings Plan (RRSP) program allows savings for retirement to grow tax free in a special savings plan registered by the Canada Revenue Agency.

Delivered by: Canada Revenue Agency (CRA)

Application Information

• An RRSP is an arrangement between an individual and an issuer such as an insurance company, a trust company, a bank or a credit union.

Contact Information

• Contact the Canada Revenue Agency.

Related Information

• RRSPs contributions can be made up to December 31 of the year the contributor turns 71 or, in the case of a spousal RRSP, the year the spouse turns 71.
• Deductible RRSP contributions can be used to reduce your tax.