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Udaya Ratnayake
Andreas Avramidis
Lauren Irwin

Tel: 416-359-8202

1 First Canadian Place
40th Floor , P.O. Box 150
Toronto, ON
M5X 1H3


Registered Retirement Savings Plans

A Registered Retirement Savings Plan (RRSP) is a tax-deferred plan designed to help save for retirement. With an RRSP, contributions are tax deductible and, once in the plan, continue to grow on a tax-deferred basis until the funds are withdrawn. Any funds removed from the RRSP are taxed in the year they are withdrawn. At retirement, the funds may be rolled into any of the RRSP maturity options where they continue to be tax sheltered, except for the amount of money taken out as income each year.