Canadian Registered Retirement Savings Plans

These pages group Canadian registered retirement savings and pension-plan terms that readers use when comparing contribution limits, plan sponsorship, and retirement account roles.

In this section

• Contribution Rate: Understanding the Basics
  An in-depth exploration of the Contribution Rate, its significance in the context of the CPP/QPP, and its impact on income.
• Deferred Profit-Sharing Plan (DPSP)
  Employer-sponsored plan that allocates a share of profits to employees on a tax-deferred basis for long-term saving.
• Registered Pension Plan (RPP)
  Canadian employer-sponsored pension plan recognized under tax rules and used to deliver retirement income to employees.
• Retirement Savings Plan (RSP)
  Tax-advantaged retirement savings structure used to encourage long-term retirement accumulation through regular contributions and investment growth.
• RRSP
  Canadian registered retirement savings account that generally allows deductible contributions and taxes withdrawals later.