An investment account in which Canadian citizens can save money for a long time. Upon withdrawal, any profit realised from the investment becomes the capital gain of the investor, which is charged at 50% of the investor's marginal tax rate. One of the main benefits of this type of account is that it has no contribution limits as opposed to Registered Retirement Savings Plan (RRSP).
Related information about non-registered account:
- Non-Registered Account (Canada) Definition | Investopedia
A type of investment account that allows Canadian citizens to save money for the long term. Non-registered accounts only tax the capital gains realized inside ...
- Benefits Of TFSA vs. Non-Registered Account
Dec 22, 2010 ... Experts have recommended investors set up their portfolios to be as tax efficient as possible by utilizing registered and non-registered ...
- What is non-registered account? definition and meaning
Definition of non-registered account: An investment account in which Canadian citizens can save money for a long time. Upon withdrawal, any profit realised ...
- TFSA vs RRSP vs Non-Registered? What is the right account for ...
These stocks should be held in either the TFSA or a non-registered account. ... As you can see, the TFSA slightly outperforms the non-registered account as no ...
- Registered vs Non-registered Investments: Find out which - CIBC.com
... and ability and willingness to monitor investments will also play a role in deciding whether to choose a registered or non-registered account. Keep in mind that ...
- Sun Life Financial - Non-registered savings or TFSA?
... contributing $416 ($5,000 per year) a month to a TFSA for 10 years will enjoy additional savings of $4,993.47 compared to saving in a non-registered account.
- What should I hold in a non-registered account? - The Globe and Mail
Sep 10, 2012 ... Dear Nancy,. You have said in a previous column, “Remember that there are other investment instruments that are considered fixed income ...
- Taxes and non-registered investments - The Globe and Mail
May 25, 2012 ... The trust structure wasn't designed for tax efficiency of non- registered account holders in mind. But under a corporate class structure, the ...