Registered

In financial terms, this defines a certain tax treatment of investments. Contributions are tax deductible, funds grow tax free and are 100% taxable as income when withdrawn. Examples include: Registered Retirement Savings Plans (RRSP) , Registered Education Savings Plans (RESP) , though these are taxed in the hands of the child, and Registered Retirement Income Funds.

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April 17th, 2024