Registered
Retirement Income Funds
- A government approved plan that enables
limited, continuing tax deferral of RRSP funds after the RRSP
is collapsed
- Mutual funds*, term deposits, and
savings plans available
- Variable rate plans - interest is
calculated on the minimum daily balance and paid semi-annually
on June 30th and December 31st
- 1 Year Term (minimum $2,000)
- 3 Year Term (minimum $2,000)
- Mutual funds* and self-directed plans*
available to diversify your portfolio
- More flexible than annuities - payments
are tailored to your requirements
- A defined minimum amount must be taken
out of the plan each year, but only what is withdrawn is added
to taxable income
- No fees unless transferred to another
financial institution in which case a small administration fee
will apply

* Mutual funds and self directed
plans are provided through Worldsource Financial Management Inc.
Additional services are through The Fire Department Employees
Credit Union.
The product descriptions and information
are provided for educational purposes only and are not to be considered
as a solicitation to purchase mutual funds securities.
Commissions, trailing commission,
management fees, and expenses all may be associated with mutual
fund investments. Please read the prospectus before investing.
Mutual funds are not guaranteed, their values change frequently
and past performance may not be repeated. To obtain a prospectus,
or further information, please contact your Worldsource Financial
Management Inc. advisor. Offers to purchase mutual fund securities
must be made through a qualified mutual funds advisor in your
province.
Mutual fund values fluctuate daily.
All information provided is believed to be accurate and reliable,
however we cannot guarantee the accuracy. Worldsource Financial
Management Inc. will not be held liable in the information presented
nor will Worldsource Financial Management Inc. be liable for any
software damage from the use of this website. Mutual funds are
sold in Canada only.
The information contained herein
is for personal use only. Redistribution of this information is
prohibited without written permission.
Our web pages are under constant
revision and subject to change without notice.
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