 Registered
Retirement Savings Plans
- A government approved, tax deferral
plan which assists in saving for a more comfortable retirement
- RRSP funds may also be used for the
Home
Buyers' Plan and for the Lifelong
Learning Plan
- Variable rate plans - interest is
calculated on the minimum daily balance and paid semi-annually
on June 30th and December 31st
- 1- and 3-Year term deposits (minimum $2,000) - now with compounding interest!
- Mutual funds* and self-directed plans*
available to diversify your portfolio
- Earnings are tax sheltered while
in the RRSP
- Spousal plans available
- Convenient and easy contributions
through direct deposit, payroll deduction, by mail or in person
- Easy online transfers from your chequing and/or savings accounts into your RRSPs and TFSA
- Investment
Loans available to maximize your contributions; tax savings
may actually offset the cost of borrowing at year-end
- No fees unless transferred to another
financial institution in which case a small administration fee
will apply
- Deposits automatically insured by the Deposit Insurance Corporation of Ontario
For more information or to open an RRSP, contact your branch. Call 416.440.1294 or Contact Us
We’ll donate $2 to Camp Bucko burn camp for kids when you open any type of investment or take out an investment loan.
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Maximize
your RRSP contribution. |
| When
you invest your RRSP contribution at The Fire
Department Employees Credit Union, we give you
90 days deferred payment! Once your income tax
refund is received, pay off all or part of the
loan and amortize the balance over 12 months to
ensure your cash flow remains intact! Interest
will be calculated at a preferred rate and added
to the outstanding loan. Call us for more details
and to get set up. |
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If you are
a first time buyer click
here and listen to what Lisa has to say about
her RRSP Home Buyers' Plan and how she used her
funds to full advantage!
Listen
to Chris & Amy talk about how they used
their RRSPs under the Lifelong Learning Program
to go back to school
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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.
NOTE: Mutual Funds are not insured and as such are not protected
by the Deposit Insurance Corporation of Ontario. |
