Select a main site category.
Skip to page navigation
Skip to main content.
Registered Accounts
Helping you defer and reduce taxes on your investments.
Scotia iTRADE® offers registered accounts to help you either defer tax payments, compound investments, earn tax-free income, or save for a child’s post-secondary education.
Registered Retirement Savings Accounts1 (RRSP)Click to expand
A tax-efficient way to save for retirement.
We offer several different types of RRSPs including:
- U.S.-Friendly RRSP
- Spousal RRSP
- LIRAs/LRSP (Locked-in Retirement Accounts or Locked-in RSP
By contributing to an RRSP, you can defer your tax payments on the money you invest until you retire. Your RRSP must be collapsed in the year in which you turn 71. At that time, you will need to withdraw your savings or transfer them to a Registered retirement Income Fund (RRIF) or purchase an annuity.
Registered Retirement Income Accounts (RRIF)Click to expand
Provides you with a set yearly income, once you turn 71.
Similar to an RRSP, your investments can compound tax-free as long as they remain in your RRIF.
We offer several different types of Retirement Income Accounts including:
- Self-directed RIF
- LIFs (Life Income Funds)
- LRIFs (Locked-in Retirement Income Funds)
Tax-Free Savings Accounts (TFSA)Click to expand
A flexible investment account that helps you earn tax-free income.2
A TFSA can offer you a new way to save money for a purchase like a car or a family vacation, or to invest for your retirement.
Registered Education Savings Plans (RESP)Click to expand
An attractive way to save for a child's post-secondary education.
We offer two types of RESPs: Family and Individual plans. For more information about RESPs, please consult the Canada Revenue Agency website.
- 1 This general description of our registered products is provided to you for informational purposes only and is not intended to be and should not be construed as tax advice or any other investment advice of any kind. Scotia iTRADE does not provide investment advice or recommendations of any kind, including tax advice. Individual circumstances will influence your investment decisions and you should consult with your own tax and investment advisor.
- 2 Information is provided to you for general information purposes only and is not intended to be and should not be construed as tax advice or any other investment advice of any kind. Scotia iTRADE does not provide investment advice or recommendations of any kind, including tax advice. Individual circumstances will influence your investment decisions and you should consult with your own tax and investment advisor.