What Is A Tax Deferred Retirement Plan? 
A tax deferred Retirement Plan is a plan that allow the grow to accumulate tax free while it is inside the plan and taxed when it is withdrawn . This tax deferred growth provides a significant advantage over plans that are taxed each year . Why ? Because you get the full effect of compound interest . In Canada , a Registered Retirement Savings Plan RRSP -RRB- not only offers tax deferred growth , it also offers -LRB- subject to limits -RRB- tax deductibility of contributions . If you would like to work with a local Retirement Planner , you could start with a Google search . For example , if you search for : retirement planner Halifax or retirement planning Halifax , my name , along with several others , will come up . You can use the same method to find Retirement Planners in your community If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . 