All pathsBeginner · 9 modules
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Registered Accounts
TFSA, RRSP, FHSA, RESP — every account, when to use it.
Module 1 of 9
What "registered" actually means
What you'll learn
- Tax-sheltered accounts registered with CRA
- Contribution room, tax treatment, withdrawal rules vary
- The 5 main accounts: TFSA, RRSP, FHSA, RESP, RDSP
- Same ETF in different accounts → different tax results
The Canadian number
5
Main registered accounts in Canada
Source: CRA
The story
'Registered' just means CRA knows about the account and gives it a tax break. There are 5 main types — TFSA, RRSP, FHSA, RESP, RDSP — and each has different rules for contributions, growth, and withdrawals. Knowing which one to use when is half the game.
This week's action
Draw a simple table comparing the 5 registered accounts.