Examlex
Which of these is the socially acknowledged and approved and often legal union of two people,allowing them to live together and to have children by birth or adoption?
RRSP
A Retirement Savings Plan officially recognized for both working individuals and self-employed people in Canada, designed for saving and investing towards retirement.
Annual Contributions
Regular amounts added to an investment, savings account, or retirement fund once every year.
Compounded Semi-Annually
Interest that is compounded semi-annually is applied to the principal amount twice a year, leading to an increase in the overall amount of interest earned compared to simple interest.
RRSP
Registered Retirement Savings Plan, a tax-deferred account aimed at helping Canadians save for retirement.
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