Can newcomer Canadians qualify for retirement plans?

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Can newcomer Canadians qualify for retirement plans?

Rounding it up

  • There are more moving pieces when immigrating to a new country than just moving; setting yourself up for financial success should be a priority.

  • There are different types of retirement accounts available to Canadians, newcomers included, each of which has its own required qualifications and benefits.

  • For example, you can take advantage of both Registered Retirement Savings Plans and Tax-Free Savings Account to save for retirement.

  • Look into public pension plans as well, including Canada Pension Plan and Old Age Security.

8 min read

Ally Streelman
#retirement#newcomer#RRSP#TFSA

Ally Streelman

Ally Streelman is a storyteller whose work spans money, wellness, travel, and more with the chief goal of empowering readers. When she’s not stringing together sentences, you can find her immersed in a new city, cookbook, or novel or encouraging women to take hold of their financial journey.

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