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RRSP

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Registered Retirement Savings Plan (RRSP)
Tax-sheltered retirement plan for Canadian citizens, much like an American IRA.

Registered Retirement Savings Plan
In Canada, an account into which a worker makes contributions up to a certain limit throughout his/her working life, and from which he/she begins to take distributions following retirement. A registered retirement savings plan allows for tax deductible contributions and taxable distributions; that is, contributions are tax-deferred until retirement. Registered retirement savings plans may be invested in securities and usually own common stock and certificates of deposit. It is the Canadian equivalent of an IRA.

RRSP


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An RRSP is a Canadian retirement plan that one acquires and they, or their spouse, makes financial contributions.
The St Clements Fruits range will be available in three great tasting flavours, Orange & Lemon, Strawberry & Lime and Blackcurrant Apple & Blueberry with an RRSP of 85p for a 500ml pet bottle.
Much like when the RRSP program started in 1957, Canadians are still uncertain of what this TFSA savings vehicle is and why they should care.
 
 
 
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