Registered Accounts

If you've opened an investment account but hold retirement investments elsewhere, think about bringing all your investments under "one roof." Consider the following self-directed CIBC Investor's Edge tax-sheltered retirement plans. There are no administration fees for (RRSP, RRIF, LIRA and LIF) accounts maintaining a market balance greater than $25,000. For RESP's there is no administration fee for accounts maintaining a market balance greater than $15,000. For more details, see our Fees and Commissions schedule.

Self-Directed Registered Retirement Savings Plan (SDRRSP)

A CIBC Investor's Edge SDRRSP offers you all the flexibility you need to effectively plan your retirement future with comprehensive, consolidated, statements of your SDRRSP holdings. Whether its equities, mutual funds, GICs, fixed income products or even your own mortgage, a CIBC Investor's Edge SDRRSP allows you to take advantage of all the services available from CIBC Investor's Edge.

Please note that additional retirement account services include: Locked-In Retirement Accounts (LIRAs)

Tax-Free Savings Accounts (TFSA)

With a Tax-Free Savings Account (TFSA), you can set money aside in eligible investment vehicles without paying tax on income and gains earned within the TFSA. Eligible investments that you can place in your TFSA portfolio include cash deposits, GICs, mutual funds, stocks and bonds (similar to what’s available for RRSPs).

You are able to withdraw funds from your TFSA any time and for any purpose without incurring tax, though restrictions may apply depending on the investments that are held in your TFSA.

Self-Directed Retirement Income Fund (SDRIF)

Once you're ready to convert your RRSP into a RRIF, your first choice should be a CIBC Investor's Edge Retirement Income Fund. A CIBC Investor's Edge RRIF lets you take control of your retirement with a variety of investment options, including equities, fixed income products, GICs and mutual funds.

Please note that additional retirement account services include: Self-Directed Life Income Funds (SDLIF); Locked-In RIF (LRIF) and Prescribed RIFs (PRIF)

CIBC Investor's Edge FundPlus® Self-Directed RRSP and RRIF/LIF

For those of you who prefer to focus on fixed income investments, mutual funds and GICs as the investment vehicles for your retirement planning - but seek the same, consolidated reporting of your holdings - we've created the CIBC Investor's Edge FundPlus Self-Directed RRSP and FundPlus Self-Directed RRIF. There is a fee savings when you open a FundPlus account.

Self-Directed Registered Education Savings Plan (RESP)

A CIBC Investor's Edge RESP Account offers you all the flexibility and control you need to save for a child's education. Take advantage of all the great research, tools and information available at CIBC Investor's Edge to build your child's RESP. An RESP also provides:

• A 20% grant for eligible contributions through the federal government's Canada Education Savings Grant (CESG), up to $7,200 per child.
• Tax-free compounding of your savings.

For further details on RESPs and the CESG, visit the Canada Revenue Agency website.

® Investor's Edge, CIBC Investor's Edge, Fundbuilder and Sharebuilder are all registered trademarks of CIBC.

The information contained herein is considered accurate at the time of posting. CIBC, CIBC World Markets Inc. and CIBC Investor Services Inc. reserve the right to change any of it without prior notice. It is for general information purposes only. Clients are advised to seek advice regarding their particular circumstances from their personal tax advisors.

CIBC Investor's Edge is the discount brokerage division of CIBC Investor Services Inc., member CIPF. CIBC Investor Services Inc. does not provide you with any legal, tax, or accounting advice or advice regarding the suitability or profitability of a security or investment in a CIBC Investor's Edge account. You assume full responsibility for transactions in your CIBC Investor's Edge account and for your investment decisions.

The information on this Web site is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual, and you should not rely on it as such.