Plan options RRSP, TFSA, NRSP, RRIF

Your personal retirement needs and dreams are as unique as a tree’s growth rings. Only you can know your current financial situation and obligations. And only you can make your dreams a reality. It all depends on the choices you make and the actions you take (or don’t take, for that matter).

That’s where CEIRP comes in. There are different types of plans – and for good reason. Together, they give you a variety of tax-advantaged opportunities to help you build your savings into a retirement nest-egg.

Here are your options, click to read more on how they work, and get a few tax tips:

And at retirement:

Your investment options

There are a variety of investment options you can choose – for any of the RRSP, TFSA, NRSP or RRIF – depending on your investing approach. Everything from no-touch (with Cadence target date funds), to low-touch, to build your own portfolio. And the management fees are really low compared to the retail market.

You choose your investments through your account with Great-West Life at Go to Get started! For more info.


  • Before making plan contributions or withdrawals, we highly recommend that you consider the tax implications of the decisions you make – short-term and long-term.
  • In particular, RRSP withdrawals can really hurt you down the road. Once you use your RRSP room, it’s gone for good – unless it’s used for the government-approved Home Buyers’ and Lifelong Learning plans. If you are looking to park money for reasons other than retirement, the TFSA or NRSP are probably better choices for you!