[Verse 1] When the government needs to track your savings plan They got codes that sort them with a systematic hand RC series clusters by the account you hold Let me break down the pattern, watch the story unfold RC two-four-x, that's your TFSA game Tax-free savings with a clear numbering name RC two-six-x for foreign pension schemes US retirement and international dreams [Chorus] Pattern eight, account type code RC ranges map the savings road Two-four TFSA, two-six foreign pay Two-nine penalties, four-three rollover way Seven-two FHSA, remember the flow Account type coding, now you know [Verse 2] RC two-nine-x when advantages go wrong Penalty forms when you don't play along RC four-three-x for the rollover scene RDSP and RESP, keeping transfers clean RC seven-two-x, that's the newest addition FHSA forms for the housing mission Each hundred block serves a different need Account type clustering, that's the key indeed [Chorus] Pattern eight, account type code RC ranges map the savings road Two-four TFSA, two-six foreign pay Two-nine penalties, four-three rollover way Seven-two FHSA, remember the flow Account type coding, now you know [Bridge] But wait, there's more to this numbering game T-series forms don't work the same T one-oh-three-six for individual withdrawal T two-oh-three-oh when corporations call T four RSP and T four RIF Information slips with a taxpayer riff Individual forms get the lower range Corporate transfers, higher numbers arrange [Verse 3] T two-oh-three-three and T two-one-five-one Institutional transfers when the dealing's done The pattern holds across the CRA space Taxpayer type gives each form its place So when you see these numbers on the page Account type coding sets the stage RC clusters by what the account can do T-series follows who is processing through [Outro] From TFSA to FHSA and RRSP too The pattern language guides you through Account type codes in the RC lane Pattern eight mastered, knowledge gained
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