Non-Registered Plans
A non-registered plan is a regular investment account which is subject to taxation on annual basis. The types of taxable investment income in a Non-registered plan include capital gains, dividend income and interest income. Because capital gains and dividend income are tax preferentially a Non-registered plan can sometimes offer more benefits than tax-deferred plans such as RRSPs, and RRIFs.
Non-registered plans are often suitable for short to medium term goals or when no RRSP or TFSA contribution room is available.
