[Verse 1] RRSP time, building up your future nest Eighteen percent of income, that's your yearly test Contribution room rolls over, never goes to waste Spousal plans can split the tax, keep more money in your space Home Buyers' Plan lets you borrow twenty-five Pay it back in fifteen years to keep your savings alive [Chorus] Registered accounts, they're your tax-free friends RRSP, TFSA, the benefits never end RESP for education, RDSP for those in need FHSA for your first home, plant that money seed Remember the room, watch the limits tight Registered accounts will make your future bright [Verse 2] TFSA grows tax-free, that's the sweetest deal Six thousand yearly limit, but the gains are real Over-contribute and they'll charge you one percent each month Qualifying investments, stocks and bonds you want Withdrawal room comes back next year, flexibility's the key Build your wealth without the tax, financial liberty [Chorus] Registered accounts, they're your tax-free friends RRSP, TFSA, the benefits never end RESP for education, RDSP for those in need FHSA for your first home, plant that money seed Remember the room, watch the limits tight Registered accounts will make your future bright [Verse 3] RESP for kids' schooling, twenty-five hundred max Government adds twenty percent, those CESG facts Low income families get CLB for free Two thousand lifetime bonus for post-secondary Withdraw the grants first, avoid that penalty cost Education planning wins when strategy's not lost [Bridge] FHSA launched in twenty-three, eight thousand contribution space Tax deduction going in, tax-free coming out with grace RDSP for disability, grants and bonds so sweet Matching funds from government make the deal complete [Chorus] Registered accounts, they're your tax-free friends RRSP, TFSA, the benefits never end RESP for education, RDSP for those in need FHSA for your first home, plant that money seed Remember the room, watch the limits tight Registered accounts will make your future bright [Outro] Five accounts to master, each one serves a goal Registered account wisdom, financial control
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