{"id":316536,"date":"2024-03-04T13:22:52","date_gmt":"2024-03-04T18:22:52","guid":{"rendered":"https:\/\/www.moneysense.ca\/?p=316536"},"modified":"2025-05-26T13:52:20","modified_gmt":"2025-05-26T17:52:20","slug":"non-registered-account","status":"publish","type":"post","link":"https:\/\/www.moneysense.ca\/save\/investing\/non-registered-account\/","title":{"rendered":"What is a non-registered account and how does it work?"},"content":{"rendered":"\n<p>You could consider opening a non-registered account if you\u2019ve reached the contribution limits of your registered accounts, like your <a href=\"\/save\/investing\/rrsp\/the-best-rrsp-investments\/\" target=\"_blank\" rel=\"noopener\">registered retirement savings plan (RRSP)<\/a> and <a href=\"\/save\/best-tfsa-rates-canada\/\" target=\"_blank\" rel=\"noopener\">tax-free savings account (TFSA)<\/a>. Unlike a registered account, a non-registered account doesn\u2019t offer tax benefits, but it allows you to invest with fewer limits. And there\u2019s a non-registered savings or investment account to suit every need\u2014from the humble savings account to the supercharged margin account. Here\u2019s everything you need to know about registered versus non-registered accounts.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is a non-registered account?<\/h2>\n\n\n\n<p>A non-registered account is a savings or investment account that allows you to invest as much money as you want but does not provide any of the tax advantages of a registered account. For example, with a non-registered account, you don\u2019t get the tax-free growth of TFSAs, nor the tax deductions and tax-deferred growth of RRSPs. Still, non-registered accounts are flexible\u2014you can save or invest as much as you want, whenever you want, in a wide range of financial instruments, depending on the type of account you open.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Types of non-registered accounts<\/h2>\n\n\n\n<p>Cash, margin and <a href=\"\/save\/best-high-interest-savings-accounts-canada\/\" target=\"_blank\" rel=\"noopener\">high-interest savings accounts (HISAs)<\/a> are the three most common types of non-registered accounts. Here\u2019s what each of these are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Cash<\/strong> <strong>account<\/strong>: This is the simplest type of non-registered investment account. You can buy any security\u2014stocks, <a href=\"\/save\/investing\/etfs\/the-moneysense-etf-finder-tool\/\" target=\"_blank\" rel=\"noopener\">exchange-traded funds (ETFs)<\/a>, bonds, mutual funds, <a href=\"\/glossary\/what-is-a-reit\/\" target=\"_blank\" rel=\"noopener\">real estate investment trusts (REITs)<\/a> and more\u2014with money you have transferred into the account. A cash account is what investors typically think of as a <a href=\"\/save\/investing\/best-online-brokers-in-canada\/\" target=\"_blank\" rel=\"noopener\">brokerage account<\/a>.&nbsp;<\/li>\n\n\n\n<li><strong>Margin<\/strong> <strong>account<\/strong>: With a <a href=\"\/glossary\/what-is-margin\/\" target=\"_blank\" rel=\"noopener\">margin account<\/a>, your broker loans you money to trade with, and it holds the securities you purchase as collateral. Because you\u2019re trading with borrowed money, the risks are greater. Trading on margin can amplify your gains but also your losses\u2014it\u2019s possible to lose more than you invested. This type of account allows you to trade derivatives (financial contracts whose values are based on underlying assets) such as <a href=\"\/glossary\/what-is-an-option\/\" target=\"_blank\" rel=\"noopener\">options<\/a>. <\/li>\n\n\n\n<li><strong>High-interest savings account (HISA)<\/strong>: This type of account pays a higher rate of interest than a standard savings account, although the rate is subject to change. Unlike <a href=\"\/save\/investing\/best-gic-rates\/\" target=\"_blank\" rel=\"noopener\">guaranteed investment certificates (GICs)<\/a>, HISAs allow you easy access to your money, and many have no minimum investment. <a href=\"\/save\/best-high-interest-savings-accounts-canada\/\" target=\"_blank\" rel=\"noopener\">HISAs<\/a> are a good choice if you want to stash money away without risking it in the stock market.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-ms-blocks-featured-product-carousel-container ms-featured-product-carousel-container-block\"><div class=\"ms-featured-product-carousel-block\">\n    <div class=\"ms-featured-product-carousel-block__header\">\n\t\t\t\t\t<div class=\"uppercase title-section\">\n\t\t\t\tFeatured accounts\t\t\t<\/div>\n\t\t\t\n\t\t<hr class=\"ms-featured-product-carousel-block__border\" \/>\n\t<\/div>\n\t<div class=\"ms-featured-product-carousel-block__content\">\n\t\t\t\t<a href=https:\/\/www.ratehub.ca\/savings-accounts\/account\/eq-bank\/eq-bank-personal-account?utm_source=ratehub&amp;utm_medium=carousel&amp;utm_campaign=personalaccount&amp;apply=true&amp;aff_id=780\t\t   target=_blank\t\t   rel=\"sponsored\"\n\t\t>\n\t\t\t<div class=\"ms-featured-product-carousel-block__product\">\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__type uppercase lightBlue\">\n\t\t\t\t\tsponsored\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__name\">\n\t\t\t\t\tSavings account\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__subContent\">\n\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__logo\">\n\t\t\t\t\t\t<img\n\t\t\t\t\t\t\tsrc=https:\/\/www.moneysense.ca\/wp-content\/uploads\/2021\/11\/EQBank-400x400-1.png\t\t\t\t\t\t\talt=\"product logo\"\n\t\t\t\t\t\t\twidth=\"78\"\n\t\t\t\t\t\t\theight=\"78\"\n\t\t\t\t\t\t\/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<p class=\"ms-featured-product-carousel-block__subTitle\">\n\t\t\t\t\t\tGet up to 3.30% interest on your savings without any fees. \t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__cta uppercase\">\n\t\t\t\t\t\t\tgo to site\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/a>\n\t\t\t\t<a href=https:\/\/www.ratehub.ca\/gics\/mcan-wealth-gic-rate\/non-registered\/1-year\/non-redeemable?apply=true&amp;aff_id=780\t\t   target=_blank\t\t   rel=\"sponsored\"\n\t\t>\n\t\t\t<div class=\"ms-featured-product-carousel-block__product\">\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__type uppercase lightBlue\">\n\t\t\t\t\tsponsored\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__name\">\n\t\t\t\t\t1-year GIC\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__subContent\">\n\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__logo\">\n\t\t\t\t\t\t<img\n\t\t\t\t\t\t\tsrc=https:\/\/www.moneysense.ca\/wp-content\/uploads\/2024\/02\/MCAN-logo.jpg\t\t\t\t\t\t\talt=\"product logo\"\n\t\t\t\t\t\t\twidth=\"78\"\n\t\t\t\t\t\t\theight=\"78\"\n\t\t\t\t\t\t\/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<p class=\"ms-featured-product-carousel-block__subTitle\">\n\t\t\t\t\t\tLock in your deposit and earn a guaranteed interest rate of 3.65%.\t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__cta uppercase\">\n\t\t\t\t\t\t\tgo to site\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/a>\n\t\t\t\t<a href=https:\/\/www.ratehub.ca\/savings-accounts\/account\/simplii-financial\/simplii-financial-high-interest-savings-account?apply=true&amp;aff_id=780\t\t   target=_blank\t\t   rel=\"sponsored\"\n\t\t>\n\t\t\t<div class=\"ms-featured-product-carousel-block__product\">\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__type uppercase \">\n\t\t\t\t\tfeatured\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__name\">\n\t\t\t\t\tSavings account\t\t\t\t<\/div>\n\t\t\t\t<div class=\"ms-featured-product-carousel-block__subContent\">\n\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__logo\">\n\t\t\t\t\t\t<img\n\t\t\t\t\t\t\tsrc=https:\/\/www.moneysense.ca\/wp-content\/uploads\/2023\/01\/Simplii-Logo-1x1-002.png\t\t\t\t\t\t\talt=\"product logo\"\n\t\t\t\t\t\t\twidth=\"78\"\n\t\t\t\t\t\t\theight=\"78\"\n\t\t\t\t\t\t\/>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<p class=\"ms-featured-product-carousel-block__subTitle\">\n\t\t\t\t\t\tEarn 4.25% for 4 months on eligible deposits up to $100k. Offer ends September 30, 2025. \t\t\t\t\t<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<div class=\"ms-featured-product-carousel-block__cta uppercase\">\n\t\t\t\t\t\t\tgo to site\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/a>\n\t\t\t<\/div>\n<\/div>\n\n\n<div class=\"ms-accordion\"><input type=\"checkbox\" name=\"ms-accordion-326c394e-c517-45e6-bb35-d4bb213a0a9d\" class=\"accordion-checkbox\" id=\"ms-accordion-326c394e-c517-45e6-bb35-d4bb213a0a9d\" hidden\/><label for=\"ms-accordion-326c394e-c517-45e6-bb35-d4bb213a0a9d\" class=\"accordion-title\">Why trust us<i><\/i><\/label><div class=\"content\"><div class=\"inner\">\n<p><\/p>\n\n\n\n<p>MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings from over 12 major institutions, including banks, credit unions and card issuers.&nbsp;<a href=\"https:\/\/www.moneysense.ca\/advertising-disclosure\/\">Learn more about our advertising and trusted partners<\/a>.<\/p>\n<\/div><\/div><hr class=\"divider\"\/><\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Benefits of non-registered accounts<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Unlimited contributions<\/strong>: Unlike registered accounts, which come with contribution limits, most non-registered accounts allow you to save or invest as much money as you want. (Some HISAs have maximums.) So, investors who have reached the contribution limits of their registered accounts can invest in their non-registered accounts. This allows all their money to grow, rather than just limited amounts.&nbsp;<\/li>\n\n\n\n<li><strong>Flexible withdrawals<\/strong>: Unlike with registered accounts, there are no rules that limit the amount or timing of your withdrawals.<\/li>\n\n\n\n<li><strong>Diverse investment options<\/strong>: Between HISAs, cash accounts and margin accounts, you can access the whole spectrum of savings and investments to suit any risk profile\u2014from conservative to aggressive.<\/li>\n\n\n\n<li><strong>Fewer restrictions for investing<\/strong>: Some registered accounts, like the <a href=\"\/save\/investing\/fhsa\/best-fhsas-in-canada\/\" target=\"_blank\" rel=\"noopener\">first home savings account (FHSA)<\/a>, come with specific eligibility requirements. But anyone 18 or 19 years of age or older (depending on your province) can open non-registered accounts\u2014making them accessible to young investors and retirees, in addition to working-age investors.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Disadvantages of non-registered accounts<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No tax advantages<\/strong>: Unlike registered accounts, non-registered accounts do not provide tax advantages such as tax-free growth, tax-deferred growth or tax deductions.&nbsp;<\/li>\n\n\n\n<li><strong>Yearly tax filing<\/strong>: All interest, dividends and capital gains earned in non-registered accounts are taxable\u2014and the tax is payable for the tax year in which they are received.<\/li>\n\n\n\n<li><strong>No creditor protection<\/strong>: Unlike in some registered accounts, the money you hold in non-registered accounts is usually not protected from creditors in the case of bankruptcy.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>How are non-registered accounts taxed?<\/strong><\/h2>\n\n\n\n<p>All the interest, dividends and capital gains earned in non-registered accounts are taxable even if you don\u2019t withdraw the income. Here\u2019s how:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Capital gains<\/strong>: If you purchased an investment for $100 and later sold it for $120, you\u2019d have a capital gain of $20. But the good news is that <a href=\"\/save\/taxes\/capital-gains-tax-explained\/\" target=\"_blank\" rel=\"noopener\">capital gains<\/a> are only 50% taxable. So, in this scenario, $10 would be added to your income and taxed at your <a href=\"\/save\/taxes\/tax-brackets-in-canada\/\" target=\"_blank\" rel=\"noopener\">marginal tax rate<\/a>.<\/li>\n\n\n\n<li><strong>Dividends<\/strong>: Dividends represent the portion of a company\u2019s profits paid to its shareholders\u2014usually every quarter. Dividends from non-Canadian companies are taxed at regular tax rates, just like interest or employment income. Dividends from Canadian companies are taxed at a lower rate because of federal and provincial dividend tax credits. Reinvested dividends are taxable each year and increase your cost base for capital gains tax purposes.<\/li>\n\n\n\n<li><strong>Interest<\/strong>: If your money is invested in a non-registered HISA, GIC or bond and you earn $100 in interest income, the entire $100 is added to your income and taxed at your marginal tax rate. Interest earned from foreign sources is also taxed this way. If you buy an investment like a GIC with compounded interest, the income is accrued and taxable annually, even though the interest may not be received until the investment matures.<\/li>\n<\/ul>\n\n\n\n\n\n    <div class=\"hip--cta-container\">\n        <div class=\"hip--cta\">\n                        <div class=\"hip--cta-top-label\">\n                <div style=\"background-color: #FEC007\"><\/div>\n                <span>Also read<\/span>\n            <\/div>\n                        <div class=\"hip--cta-inner\">\n                <div>\n                                            <h2 class=\"no-toc\">Income Tax Guide for Canadians<\/h2>\n                                                                <p>Deadlines, tax tips and more<\/p>\n                                    <\/div>\n                <div class=\"hip--cta-link-container\">\n                                                                    <a href=\"https:\/\/www.moneysense.ca\/save\/taxes\/personal-income-taxes\/\" target=\"_blank\" class=\"btn-primary\">read now<\/a>\n                                                            <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n<p>The table below shows approximately how much $100 of investment income is taxed, assuming the investor earns $75,000 in Ontario.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Tax on Canadian investment income<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Income<\/th><th class=\"has-text-align-center\" data-align=\"center\">Type of gain<\/th><th class=\"has-text-align-center\" data-align=\"center\">Tax payable<\/th><th class=\"has-text-align-center\" data-align=\"center\">After tax<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Interest<\/td><td class=\"has-text-align-center\" data-align=\"center\">$30<\/td><td class=\"has-text-align-center\" data-align=\"center\">$70<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Canadian dividends<\/td><td class=\"has-text-align-center\" data-align=\"center\">$8<\/td><td class=\"has-text-align-center\" data-align=\"center\">$92<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Capital gains<\/td><td class=\"has-text-align-center\" data-align=\"center\">$15<\/td><td class=\"has-text-align-center\" data-align=\"center\">$85<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Tax on foreign investment income<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\">Income<\/th><th class=\"has-text-align-center\" data-align=\"center\">Type of gain<\/th><th class=\"has-text-align-center\" data-align=\"center\">Tax payable<\/th><th class=\"has-text-align-center\" data-align=\"center\">After tax<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Foreign interest<\/td><td class=\"has-text-align-center\" data-align=\"center\">$30<\/td><td class=\"has-text-align-center\" data-align=\"center\">$70<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Foreign dividends<\/td><td class=\"has-text-align-center\" data-align=\"center\">$30<\/td><td class=\"has-text-align-center\" data-align=\"center\">$70<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">$100<\/td><td class=\"has-text-align-center\" data-align=\"center\">Foreign capital gains<\/td><td class=\"has-text-align-center\" data-align=\"center\">$15<\/td><td class=\"has-text-align-center\" data-align=\"center\">$85<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">The best investments for non-registered accounts in Canada<\/h2>\n\n\n\n<p>From a tax perspective\u2014as seen in the above table\u2014capital gains and dividends are taxed more favourably than interest income. Note that capital gains are taxed at a lower rate than Canadian dividends at higher income tax levels. So, if you have a long time horizon and a growth-oriented risk profile, investing in stocks, ETFs or mutual funds in a cash account could give you growth coupled with relatively lower taxes. However, if safety, stability and the protection of your money are your primary concerns, then a HISA may be a better option.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Registered vs. non-registered accounts<\/h2>\n\n\n\n<p>Let\u2019s look at the main differences between non-registered and registered accounts, using the RRSP and TFSA as examples of the latter.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th><\/th><th class=\"has-text-align-center\" data-align=\"center\">Non-registered<\/th><th class=\"has-text-align-center\" data-align=\"center\">RRSP<\/th><th class=\"has-text-align-center\" data-align=\"center\">TFSA<\/th><\/tr><\/thead><tbody><tr><td>Contributions are tax-deductible<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td>Annual contribution limit<\/td><td class=\"has-text-align-center\" data-align=\"center\">None<\/td><td class=\"has-text-align-center\" data-align=\"center\">18% of earned income, up to a maximum of $31,560 in 2024<\/td><td class=\"has-text-align-center\" data-align=\"center\">$7,000 in 2024<\/td><\/tr><tr><td>Annual contribution limit is based on your income<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><tr><td>Unused contribution room carries forward<\/td><td class=\"has-text-align-center\" data-align=\"center\">Not applicable<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes<\/td><\/tr><tr><td>Lifetime contribution limit<\/td><td class=\"has-text-align-center\" data-align=\"center\">None<\/td><td class=\"has-text-align-center\" data-align=\"center\">Based on your personal income<\/td><td class=\"has-text-align-center\" data-align=\"center\">$95,000 for Canadian residents born in 1991 or earlier (as of Jan. 1, 2024)<\/td><\/tr><tr><td>Earnings or withdrawals are taxed<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes, all types of investment income are taxed<\/td><td class=\"has-text-align-center\" data-align=\"center\">Yes, withdrawals from your RRSP account are taxed<\/td><td class=\"has-text-align-center\" data-align=\"center\">No<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>There are advantages to having a non-registered account, such as unlimited contribution room, flexible withdrawal rules and fewer eligibility requirements. So, non-registered accounts can be a good way to grow your money if you\u2019ve maximized your registered contributions. (And, if you have money lying idle in a chequing account, a HISA could be an attractive alternative.) Just remember that you won\u2019t benefit from tax advantages, such as tax-free growth, tax-deferred growth or tax-deductible contributions.<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n\n\n    <div class=\"hip--cta-container\">\n        <div class=\"hip--cta\">\n                        <div class=\"hip--cta-top-label\">\n                <div style=\"background-color: #FEC007\"><\/div>\n                <span>Newsletter<\/span>\n            <\/div>\n                        <div class=\"hip--cta-inner\">\n                <div>\n                                            <h2 class=\"no-toc\">Get free MoneySense financial tips, news &#038; advice in your inbox.<\/h2>\n                                                        <\/div>\n                <div class=\"hip--cta-link-container\">\n                                                                    <a href=\"https:\/\/www.moneysense.ca\/newsletter-signup\/\" target=\"_blank\" class=\"btn-primary\">subscribe now<\/a>\n                                                            <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Read more about <a href=\"\/save\/investing\/\" target=\"_blank\" rel=\"noopener\">investing<\/a>:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"\/save\/what-types-of-tfsas-exist-in-canada\/\" target=\"_blank\" rel=\"noopener\">What types of tax-free savings accounts (TFSAs) exist?<\/a><\/li>\n\n\n\n<li><a href=\"\/save\/investing\/tfsa\/tfsa-vs-rrsp-decision\/\" target=\"_blank\" rel=\"noopener\">TFSA vs RRSP: How to decide between the two<\/a><\/li>\n\n\n\n<li><a href=\"\/columns\/ask-a-planner\/when-are-tax-deferred-and-tax-free-accounts-actually-taxable\/\" target=\"_blank\" rel=\"noopener\">When are TFSAs and RRSPs actually taxable?<\/a><\/li>\n\n\n\n<li><a href=\"\/columns\/education-money\/the-top-5-questions-about-resps\/\" target=\"_blank\" rel=\"noopener\">The top 5 questions about RESPs<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Find out what non-registered accounts are, how they compare to registered accounts and which investments are best for non-registered accounts in Canada. <\/p>\n","protected":false},"author":316845,"featured_media":316538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"MSN_Categories":"Uncategorized","MSN_Publish_Option":false,"MSN_Is_Local_News":false,"MSN_Is_AIAC_Included":"Empty","MSN_Location":"[]","MSN_Add_Feature_Img_On_Top_Of_Post":false,"MSN_Has_Custom_Author":false,"MSN_Custom_Author":"","MSN_Has_Custom_Canonical_Url":false,"MSN_Custom_Canonical_Url":"","apple_news_api_created_at":"2024-03-08T21:07:21Z","apple_news_api_id":"6e0434c3-2ece-41ae-9c7b-9e28776d6d88","apple_news_api_modified_at":"2024-03-08T21:07:21Z","apple_news_api_revision":"AAAAAAAAAAD\/\/\/\/\/\/\/\/\/\/w==","apple_news_api_share_url":"https:\/\/apple.news\/AbgQ0wy7OQa6ce54od21tiA","apple_news_coverimage":0,"apple_news_coverimage_caption":"","apple_news_is_hidden":false,"apple_news_is_paid":false,"apple_news_is_preview":false,"apple_news_is_sponsored":false,"apple_news_maturity_rating":"","apple_news_metadata":"\"\"","apple_news_pullquote":"","apple_news_pullquote_position":"","apple_news_slug":"","apple_news_sections":"\"\"","apple_news_suppress_video_url":false,"apple_news_use_image_component":false,"footnotes":""},"categories":[200354,481,327653,200358,328079,327278,2044,1841,87,200356,188790,1895,197,1847,195,1885,221,1843],"tags":[327018,503,327510,513,635,285659,55,328139,327911,283627,327277,327551,327609,53,2584,327714,327378,328010,311635,327493,321442],"class_list":["post-316536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","category-bonds","category-crypto","category-etfs","category-fhsa","category-financial-literacy","category-financial-planning","category-gic","category-index-funds","category-investing","category-learn","category-mutual-funds","category-resp","category-rrsp","category-save","category-stocks","category-taxes","category-tfsa","tag-broker","tag-capital-gains","tag-capital-gains-tax","tag-cash","tag-dividends","tag-etf","tag-etfs","tag-featured-savings","tag-fhsa","tag-gic","tag-high-interest-savings-accounts","tag-income","tag-income-investments","tag-invest","tag-investing","tag-investments","tag-margin-account","tag-registered-account","tag-savings","tag-savings-account","tag-taxes"],"acf":[],"additional_post_data":{"featured_image":"https:\/\/www.moneysense.ca\/wp-content\/uploads\/2024\/03\/what-is-a-non-registered-account-1024x614.jpg","primary_category":"Investing"},"apple_news_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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