RRSPs & RRIFs

It's never too early to start saving for you future.

The Registered Retirement Savings Plan (RRSP) is a federal government approved plan which allows you to invest in your retirement. Tax deductions can be claimed for the amount of the annual contribution. Income earned on RRSP deposits is tax sheltered until the funds are withdrawn. 

We give you the benefit of interest being calculated on a daily basis and paid out annually. Consider making regular monthly contributions. Interest becomes compounded. Besides, bugeting for a small deposit at the end of the month is easier than scrapping together the funds before the deadline. 

Convenience for our members is key. 

We can set you up with a Pre-Authorized Transfer (PAT) so that your contributions happen automatically. Or we'll discuss with you the possiblity of an RRSP loan to make that lump sum contribution.

Consider also the advantages RRSP contributions have for homeowners through the Homebuyer's Plan and for full-time students through the Life Long Learning Plan

Come retirement, you will see the rewards of your contribution by receiving a regular income stream from your Registered Retirement Income Fund (RRIF).

This is a financial product funded with your RRSP deposits. Interest accumulates tax free until the funds are paid out. It is calculated on a daily basis and paid to you annually. 

There are no loading fees. Transfers are subject to a service charge.

We care about you and your future. Contact us today so that we can make your retirement worry free.