Recent Posts
- 在连续四天下跌后,华尔街在交易中出现混合走势 | Ai Financial 财经日报 4月 18, 2024
- 标普500和纳斯达克连续第四天收低,因英伟达股价下滑 | Ai Financial 财经日报 4月 17, 2024
- AiF观点 | 美国银行:美联储“最早”要到 2025 年 3 月才会降息 4月 17, 2024
- AiF观点 | 加拿大万税,万税,万万税! 4月 17, 2024
NON-Registered accounts
What is Non-Registered Accounts
They are a general investment account where you can invest in a wide-rage of assets and are required to pay taxes annually on income generated by the account. Non-Registered Accounts is a good supplementary strategy when the registered account assets reach the limit.
Features of Non-Registered Accounts
1. Non-registered accounts are very flexible. There is no contribution and withdrawal limit. If your TFSA or RRSP reaches the upper limit, you can use a Non-Reg account, while you need to pay taxes annually on income.
2. Non-registered accounts can be used reasonably with other types of investment accounts.
3. If your assets are in Non-Registered Accounts, you do not need to transition to RRIF when reach 71 years old.