Your 2016 RRSP primer

An overview of the popular program's fundamental rules.

Matthew Elder 25 January, 2016 | 6:00PM

Note: This article is part of Morningstar's January 2016 Five keys to retirement investing special report.

Save now, retire well. If the RRSP was a branded product, that would be a simple and effective sales slogan.

Some may refer to "RRSP" as if it was the name of a specific, off-the-shelf item. But in fact it's the acronym for registered retirement savings plan, a generic government program that allows individuals to save for retirement on a tax-deferred basis using investments purchased from financial institutions.

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Matthew Elder

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