HOW TO HOLD GOLD IN RRSP & TFSA — CANADIAN GUIDE

Canadian investors can hold physical gold bullion in their RRSP (Registered Retirement Savings Plan) and TFSA (Tax-Free Savings Account) — but specific rules apply. This guide covers everything you need to know about tax-advantaged gold investing in Canada.

RRSP/TFSA-Eligible Gold Products:

• Canadian Gold Maple Leaf coins (1oz, 1/2oz, 1/4oz, 1/10oz)

• Gold bars from approved refiners (99.5%+ purity minimum)

• Gold wafers from the Royal Canadian Mint

• American Gold Buffalo (99.99% purity — eligible)

• American Gold Eagle (91.67% purity — NOT eligible due to low purity)

How It Works:

1. Open a self-directed RRSP/TFSA with a qualified custodian (e.g., Questrade, Canadian Western Trust)

2. Purchase eligible gold through a dealer that offers registered account storage (Sprott Money, Kitco, SilverGoldBull)

3. Gold is stored in an approved vault on behalf of your registered account

4. You cannot take physical delivery while in the registered account

Tax Benefits:

• RRSP: Tax-deductible contributions. Gold gains are tax-deferred until withdrawal

• TFSA: After-tax contributions. All gold gains are 100% tax-free

• Capital gains on gold outside registered accounts are taxable at 50% inclusion rate

Recommended Dealers for Registered Gold: Sprott Money, Kitco, and SilverGoldBull all offer RRSP/TFSA gold storage programs.