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Registered Pension Plan - RPP
What does it mean?
A retirement plan that will provide pension benefits for an employee of a company and is contributed to by both employee and employer. Contributions to the plan are tax-deductible.
In Other Words...
A Registered Pension Plan is in the form of a trust that is registered with Canada Customs and Revenue Agency (CCRA).
Related Links
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Related Terms
Canada Pension Plan | Defined Benefit Plan | Defined Contribution Plan | Pension Plan | RRIF | RRSP | Tax Shelter
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