Registered Retirement Savings Plan (RRSP)

Grow your retirement assets while lowering your taxable income today. Your RRSP investments increase tax-free for as long as they remain in the fund. You can transfer a lump sum from your savings, make a pre-authorized monthly contribution or borrow to take full advantage of this tax deferral option. What’s more… You get to carry forward unused portions from year to year.

 

Features

  • Minimum deposit of $500
  • 1- to 5-year terms available
  • Variable or fixed rate with unlimited diversification options
  • Interest rates regularly reviewed and adjusted to deliver the most competitive rate and to keep pace with current interest trends
  • Secure rate of return guaranteed for a fixed period
  • Interest added to contract annually
  • Statement issued semi-annually
  • No fees for deposits or administration
  • Insurable deposits covered by the Deposit Insurance Corporation of Ontario (DICO)

If you would like more information or are ready to invest, please call or visit our Main Branch and speak with one of our Wealth Advisors.