WHICH ACCOUNT SHOULD I INVEST IN? - TFSA VS RRSP VS FHSA VS RESP
Not sure whether to invest in a TFSA, RRSP, FHSA, or RESP? This calculator compares tax benefits and long-term growth to help you decide where to invest money in Canada. Use it to see how contributions, investment returns and tax impacts differ between TFSA vs RRSP vs FHSA vs RESP, or explore specific comparisons like TFSA vs RRSP, RESP vs TFSA or RESP vs RRSP. By modelling contributions and potential returns, the tool highlights the advantages of each registered account type so you can make smarter, tax-efficient investment choices.
Which Account Should I Invest In?
Include account types
Tax Info
Province & income enable tax rate estimates for RRSP/FHSA/Taxable. You can also enter a marginal rate directly.Withdrawal Tax (RRSP & FHSA)
FHSA Options
RESP Options
Taxable Account Options
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Disclaimer: All information shown is illustrative and estimates only. This information is not intended to be comprehensive investment, tax, financial or legal advice and should not be considered as personal investment advice, an offer, or solicitation to buy and/or sell investment products. Every effort has been made to ensure accurate information has been provided, however accuracy cannot be guaranteed. Tax rules and other factors change frequently. Past investment performance does not guarantee future results. The manager accepts no responsibility for individual decisions arising from the use or reliance on the information contained herein. Please consult a portfolio manager prior to making any investment decisions.