Open a registered account
Need help opening an account?
Is this Registered Plan right for you?
Right for you if you:
- Plan on making a contribution to your RRSP to reduce your taxable income while your investments grow on a tax-deferred basis
- Expect to have room to contribute before retirement based on the maximum yearly contributions allowed by the Canadian Government
- Plan on using your RRSP to help you buy a home and are eligible under the Home Buyers’ Plan
- Plan on paying for yours, your spouse’s, or common-law partner’s education and are eligible under the Lifelong Learning Plan
May not be right for you if you:
- Do not have available contribution room
- Are turning 72 this year - since you can only hold and contribute to an RSP until the year in which you turn 71
- You think you will need this money in the shorter term for reasons other than buying a home (under the Home Buyers’ Plan) or for education purposes (under the Lifelong Learning Plan)
Scotia iTRADE makes it easy to apply for most registered account online
- Tax-Free Savings Account (TFSA)
- Registered Retirement Savings Plan (RRSP)
- Spousal Registered Retirement Savings Plan (RRSP)
- Registered Retirement Income Fund Account (RRIF)
- Spousal Registered Retirement Income Fund Account
- Locked-In Retirement Savings Plan (LRSP)
- Locked In Retirement Account (LIRA)
- Life Income Fund (LIF)
- Restricted Life Income Fund (RLIF)
Apply easily online
Or download the forms to do it offline
Tax-Free Savings Accounts (TFSA)
A flexible investment account that helps you earn tax-free income
Registered Retirement Savings Accounts (RRSP)
A tax-efficient way to save for retirement
Registered Retirement Income Accounts (RRIF)
Provides you with a set yearly income, once you turn 71
Registered Education Savings Plans (RESP)
An attractive way to save for your child's post-secondary education