RRSPs

Your future made easy.

Save with an RRSP. It's 100% Guaranteed. **

Retirement might seem a long way off, but the sooner you start saving, the better prepared you’ll be. Start contributing to an RRSP now, and your savings will grow as fast as your family. Now that’s an everyday win.

Call today to set up an appointment with one of our investment advisors.

RRSP Deadline: March 1, 2019

What is an RRSP?

If you’re new to the investment game, an RRSP is a government-approved plan that allows you to save money for retirement. All contributions within personal limits are tax deductible and the interest earned is tax-sheltered.

Get one of our Advisors on to your team for even greater results – it’s how owners win with Mountain View Financial. The RRSP deadline for the 2018 tax year is March 1, 2019.

What does an RRSP mean to you?

Contributions to your RRSP are made during peak earning years, when you can most afford it. Not only are you investing money that would otherwise go to taxes, you are building a comfortable retirement fund.

The growth of your RRSP increases rapidly over the years as it is reinvested and compounded. The sooner you start your contributions, the bigger the results will be.

How much should you contribute?

The maximum RRSP contribution you can deduct for the current year is 18% of your earned income for the prior year, up to the maximum amount for the current 2017 tax year of $26,010 minus/plus pension adjustments/reversals.  This is determined by your previous year’s tax return and can be found on your Notice of Assessment from CRA. How you chose to make those contributions is up to you. You can:

  • Make a Lump Sum Payment
  • Choose a monthly, semi-monthly or weekly amount and authorize an automatic deposit (PAC) to your RRSP.  A PAC can be an easy way to get started on your saving today.
  • Apply for an RRSP Loan
  • Transfer your Profit Sharing dividends to a Common Share RRSP.

What are your investment options?

We offer a variety of RRSP options, and can help to determine which one is right for your goals. One of our Certified Financial Planners can also help you find the right mix of investment types as a part of your overall savings plan.
  • RRSP Term Deposits
  • Mutual Fund* RRSP
  • Common Share RRSP
  • RRSP Savings

* Rates are subject to change. Minimum deposit required.
O.A.C. - On Approved Credit

*Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. ® Credential is a registered mark owned by Aviso Wealth Inc. and is used under licence.