Registered Retirement Savings Plan (RRSP)
Boost your retirement savings with tax benefits that help them grow faster.
Why invest in an RRSP?
Reduce your tax
Every dollar you contribute to your RRSP reduces your taxable income, lowering your tax bill.
Shelter investment growth
You won’t pay tax on investment income until you withdraw it in retirement, ensuring your savings grow faster.
Save for more than retirement
A portion of your RRSP savings can also be accessed to buy your first home or continue your education.
Invest your way
Your RRSP can hold a variety of investments, including term deposits and even savings accounts.
Set up your RRSP your way
Not sure if an RRSP is what you need?
We’ll be happy to help review your goals and see if an RRSP is the right solution to reach them.
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Take a look at the latest, competitive rates on offer for our investing solutions.
Try our planning calculator to figure out how much you’ll need to set aside to retire your way.
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Copyright 2024 Coastal Financial Credit Union. All rights reserved.
Copyright 2024 Coastal Financial Credit Union. All rights reserved.
