Facebook-f Linkedin-in Instagram

RRSPs

Planning & Advice

Contact Us

Join Radius
Credit Union

Save effectively for a financially secure retirement.

A Registered Retirement Savings Plan (RRSP) will help you save effectively for a financially secure retirement. Contributions and interest earned are tax-sheltered, as long as they remain in the plan. An RRSP can be started as soon as you have earned income but must be collapsed the year you turn 71.

  • Lower your tax – Regular contributions to your RRSP will reduce the tax you owe – especially during your higher income years.
  • Grow your money – Because your RRSP is tax-deferred, your earnings will be tax sheltered until you withdraw them in retirement.
  • Contribute until you’re 71 – Make annual contributions up to 18% of your earnings, up to a government-mandated limit.
  • Use a portion of it for your first home without penalty – Speak to a member of our team to learn more.
  • Use it to fund part of your education – If you want to continue your education, borrow a portion of the funds without penalty. Speak to us to learn more.
  • Multiple investment products are available within an RRSP account – Term deposits and mutual funds* included.

*Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc.

Enjoy the advantages of a Radius Credit Union Account.

APPLY TODAY
Apply for a Loan/Mortgage