EconCERF

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Account Types

This module is free to read — it just needs an account. Creating one takes an email address and nothing else, it opens every lesson in the academy in full, and it remembers where you got to. When you’re done, we’ll bring you straight back here.

By the end of this module, you’ll be able to:

  • Tell an investment account from the investments held inside it.
  • Compare when tax applies in a TFSA and an RRSP.
  • Match an FHSA, RESP, RDSP or LIRA to its intended purpose.
  • Check whether cash transferred into an investment account was actually invested.
  • Check your TFSA room against CRA information and your own records.
  • Explain how an RESP can receive government grants.

4 lessons · about 45 minutes

  1. 1Jars and contents
  2. 2The two main accounts (TFSA / RRSP)
  3. 3Specialist accounts, starting with the RESP
  4. 4Matching accounts to goals, then Account Types in one page + a quick check
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