Investments for Special Purposes
There are special investment packages for specialty savings. These are plans for such specialties as
Each country has their own set of these specialty savings plans. The reason they are special is usually because they have special tax savings. Each type of plan has its own rules and regulations as well as different tax savings. These Specialty Investments can be made up of a variety of investment items such as stocks, term deposits or cash. As an example, Canada has tax breaks for Retirement Plans (RRSPs), for Education Planning (RESPs) and Disabilities (RDSPs).