<abbr>RRSP</abbr> options when you turn 71 Explains your choices for your <abbr>RRSP</abbr>s when you turn 71: you must withdraw your <abbr>RRSP</abbr>s, transfer them to a <abbr>RRIF</abbr>, or use them to buy an annuity. Source: Canada Revenue Agency
Canadian Retirement Income Calculator The Old Age Security program and the Canada Pension Plan (or Quebec Pension Plan) provide a modest secure base on which to build your private savings. The calculator helps you assess your personal financial situation and helps you decide which steps to take to reach your retirement goals. Source: Service Canada
Registered Retirement Savings Plan (<abbr>RRSP</abbr>) An <abbr>RRSP</abbr> is a retirement plan that we register and that you or your spouse or common-law partner establish and contribute to. Source: Canada Revenue Agency
