Registered Retirement Savings Plans (RRSPs)
Preparing for work after work shouldn't feel like work
What are you saving for?
The perfect investment for anyone looking to confidently save for the long-term. An RRSP yields tax-savings benefits now, and then again in your retirement as your investments become a source of income. Any contributions made to your RRSP in a given tax year will be deducted from your taxable income. That mean you’ll pay less in income tax today, all while allowing your wealth to grow, sheltered from tax until it’s withdrawn.
The RRSP deadline for 2021 contributions is March 1, 2022
How would you like to invest?
WestEarner® RRSP account
Start your retirement savings plan off right with a flexible option designed specifically for those who can only make smaller contributions. Kick-start your retirement planning, even if your initial deposits are small and transfer funds at anytime to a RRSP GIC or a RRIF GIC.
WestEarner® Premium RRSP GIC
Make sure your future is secure by growing your savings while protecting 100% of the funds you originally invested. Guarantee a return while reducing your taxable income and enjoying potential tax-savings. Shelter your investments from tax while held in the plan and utilize your RRSP investments to make a down payment on a mortgage or pay post-secondary tuition.
WestEarner® Convertible RRSP GIC
Enjoy the perks of a registered retirement savings plan with the flexibility to adapt to interest rates. Floats with Prime so you can benefit from rising interest rates. Convert to a WestEarner® Premium GIC at any time and renew automatically for maximum convenience.