Investment Accounts
These are taxable accounts for long term investing.
Registered Retirement Savings Plans (RRSP); Locked-In Retirement Savings Plans (LRSP); Locked-In Retirement Accounts (LIRA)
These accounts are for investors under 71 years of age. They are tax-sheltered accounts for retirement saving.
Registered Retirement Income Funds (RRIF); Life Income Funds (LIF); Locked-In Retirement Income Funds (LRIF)
Clients who have an RRSP, LRSP or LIRA must convert to either an RRIF, LIF or an LRIF once they reach the age of 71. Portfolio's may, however, be converted earlier than 71 if required. They are tax-sheltered accounts for retirement income.
Registered Education Savings Plans (RESP)
QV Investors will assist a client in setting up a RESP with a suitable financial institution. We do not manage RESP accounts.