RRSPs

Regardless of your income level, with careful long-term planning, you can accumulate enough savings to enjoy retirement. The most important considerations when planning for retirement are security, flexibility, and growth potential. We can help with expert advice and together, figure out the most affordable way for you to start investing in your future!

Maximize future returns. Save on taxes. Make more money. It's that simple. We can help you understand RRSPs, show you the different investment options available, explain the short and long term benefits, and help prepare an RRSP plan that makes sense for your future.

Registered Retirement Savings Plans (RRSP)

At Eagle River Credit Union, we offer compound interest semi-annually! You get interest on your RRSP not once, but twice a year- that's interest on the interest. We call it "The Snowball Effect." Over time, your original investment can snowball into thousands of dollars more in interest. Let us help you turn your dreams of financial security into a reality. It doesn't take a lot to make a lot.

  • Save more or retire earlier with semi-annual compounding benefit
  • Variable and Fixed Rate plans available
  • Fixed rates are available in terms from 1 - 5 years
  • Redeemable option available at time of investment
  • Secure investment with principal and interest guaranteed
  • Deposit insurance protection

Ask for advice on getting a head start on next year's contribution with convenient monthly RRSP deposits. Contributing for a spouse also provides opportunities for income splitting when you retire. Ask for details.

 

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