RSP Investments
Registered Retirement Savings Plan (RRSP)
Savings Account RRSPs
- variable rate of interest
- immediate access
- no minimum investment
- payroll deduction
Fixed Term RRSPs
- our highest guaranteed interest rate
- guaranteed principle and interest
- 1-5 year terms
- pre-approved $3,000 RRSP Loan at Twin Oak Prime
- Step Up GIC (5 year Term offering increased rates each year to protect you from inflation)
Click here for RRSP Loans.
Registered Retirement Income Fund (RRIF)
A Registered Retirement Income Fund (RRIF) is a tax-sheltered plan to protect your RRSP earnings.
- interest accumulates tax free
- provides a regular income during your retirement
- allow the funds to mature until the end of the year in which you turn 69
- wide range of investment vehicles including GICs and Mutual Funds*
Registered Education Savings Plan (RESP)
A Registered Education Savings Plan (RESP) is a government approved plan for the purpose of providing post-secondary education funding for a beneficiary.
- income earned under the plan is not taxed until it is withdrawn
- Canada Education Savings Grant (CESG) through the federal government will contribute 20% annually on the first $2,000 deposited into an RESP for children up to the end of the year they turn 17
* Mutual Funds are offered through Credential Asset Management Inc.