Registered Savings Account Options

Talk to our Investment Specialist.

We are here to help you learn more about your contribution limits, how to set up frequent contributions, understanding tax savings and investment options. Whether you are investing for the first time or adding to your portfolio, now is a great time to talk to our Investment Specialist, Betty Anne Flynn.

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416.860.3675 or 1.888.560.2218
 

Need additional funds for your RRSP contribution? Talk to us about an RRSP line of credit. 

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RRSP: Save for the Future and Enjoy Yearly Tax Savings

An RRSP is a government-approved plan that encourages people to save as a First Time Home Buyer or for their own retirement years. Your contributions are tax deductible and the plan's earnings are tax-sheltered.

Start Saving Now

416.860.1072 or 1.888.560.2218
 

As a member of a credit union your entire RSP deposit is insured by the Financial Services Regulatory Authority of Ontario. There is no insurance limit on registered deposits and since they are insured separately, it does not affect the insurance coverage of your non-registered deposits.

Anyone with earned income or unused contribution room up to the end of the year in which they turn 71 years of age, may contribute to an RRSP. Your RRSP must mature before the end of the calendar year in which you turn 71. At that time your RRSP can be converted to a retirement income option such as a Registered Retirement Income Fund (RRIF), Term Certain Annuity to Age 90 or Life Annuity. When your time comes to convert your RRSP, a knowledgeable representative will contact you to discuss your retirement income options. 

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