A Registered Retirement Savings Plan (RRSP) is a tax deferral account that provides tax savings for Canadians.
By depositing funds into an RRSP account in their peak earning years, the member benefits in two ways:
- When the funds are withdrawn (at retirement), the effective tax rate is usually lower, allowing the member to pay less taxes overall
The investments are sheltered from tax until withdrawal – that is, funds can grow without being taxed
Our RRSP solutions
|Term Deposits (GICs)||Earn a set interest rate over a specific time frame.|
|Index Linked Term Deposits||The principal is guaranteed with participation in upside movement in the S&P/TSX 60 index.|
|Mutual Funds*||We have a variety of funds to meet your needs.|
|RRSP Savings Account||Build your funds in this account while you decide on other investment products.|
Contact your branch for more information.
* Mutual funds are offered through Credential Asset Management Inc.