Empower yourself. Take control of your finances.
A Registered Retirement Savings Plan (RRSP) provides you with tax advantages to grow your money faster while you are working.
RRSPs were introduced by the federal government to encourage Canadians to save for retirement. It’s a good idea to take advantage of an RRSP because it’s the biggest tax break available to us.
Discover the advantages of income splitting
A spousal RRSP can be a tax-effective way for you to save. If you or your partner have a significantly higher income now, or expect to in the future, you should connect with an advisor and see what your options are.
The contributing partner defers taxes paid on their annual income tax.
Your overall tax bill is reduced by keeping both spouses in a lower tax bracket once in retirement.
If you’re over 71, you can no longer contribute. But as long as your spouse is 71 or younger, you can contribute to their Spousal RRSP and still claim a tax deduction.
Your spousal RRSP contribution, when combined with your personal RRSP contribution, cannot exceed your personal RRSP deduction limit.
|LONG TERM NON-REDEEMABLE TERM DEPOSITS||Rate|
|RRSP AND RRIF SAVINGS ACCOUNTS||Rate|
|$0 - $1,000.00||
|$1,000.01 - $10,000.00||
|$10,000.01 - $25,000.00||
|$25,000.01 - $50,000.00||
|$50,000.01 - $100,000.00||
Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc.