Registered Retirement Savings Plan (RRSP)

Save money now. Save money for the future. You can do it with an RRSP. Your RRSP contribution earns you an immediate tax break. Plus your contributions grow tax free until you withdraw them. And we make it easier than ever to set up and contribute to an RRSP.

Making your maximum RRSP contribution each year is the best way to get tax advantages now while you save for your retirement. But what if you don’t have the cash to take out an RRSP or to contribute your maximum amount? Then consider an ACU RRSP Loan or Line of Credit.

RRSP Loan or Line of Credit

Our RRSP Loans can help you manage your cash flow and enable you to grow your RRSP faster by investing sooner. It’s a great choice when you are starting out.

If you already have an RRSP and typically find yourself unable to contribute your annual maximum, consider an RRSP Line of Credit. With a flexible and convenient RRSP Line of Credit, there’s no need to re-apply every year and your credit is there when you need it.

Here’s more good news … when you purchase an Assiniboine RRSP product, your RRSP Loan or Line of Credit is available at a very competitive rate. Ask us for more details and remember, it’s never too soon or too late to start saving for your retirement. Our Credential® investment professionals will help you choose the right investment products for your RRSP so you can look forward to a secure future.

®Credential is a registered mark owned by Credential Financial Inc. and is used under licence.

Home Buyers' Plan and Lifelong Learning Plan

RRSPs are a great way to save for a home or for education with the Government of Canada's Home Buyers' Plan and Lifelong Learning Plan.

The Home Buyers' Plan allows qualifying participants to withdraw money from their RRSP to buy or build a home without being taxed on the withdrawal. Participants then pay back the money into their RRSP over a specified period of time.

The Lifelong Learning Plan allows qualifying participants to withdraw money from their RRSP to put towards their education or that of their spouse or common-law partner. Participants then pay back the money into their RRSP over a specified period of time.

For more information, eligibility rules, and application forms, visit the Canada Revenue Agency's website page, RRSPs and Related Plans.

 

Good Advice

To set up an appointment, call our Member Communication Centre at 204.958.8588 or toll free at 1.877.958.8588