Tax-advantaged accounts: RRSP, TFSA, FHSA, IRA and 401(k)
Registered and retirement accounts let your money grow with tax advantages.
Key points
- In Canada, the RRSP, TFSA and FHSA each have different rules and limits.
- In the US, IRAs and workplace 401(k) plans work in a similar way.
- Low fees matter a lot over decades of investing.
What to do next
Compare robo-advisors and self-directed accounts in the Investing section.
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