Contributions to registered retirement savings plans (RRSPs) reduce the amount of income tax you pay, but there are limits on how much you can deposit each year.
Registered pension plans are set up by companies to provide their workers with retirement income. RPPs offer a major perk: contribution matching by employers.
A mutual fund is a diversified, professionally managed investment. Mutual funds pool money from a large group of people to invest in a variety of stocks, bonds and other securities.
Buying stocks lets you purchase a share of ownership in individual companies. While there are risks, investing in the stock market is a way to build wealth over time. Here’s how to do it.
Financial advisors offer a wide range of services to help clients create and stick to a financial plan. Here’s what to look for, and questions to ask.