Financial Services

RRSPs are one of the last meaningful tax shelters left to Canadians. Start an RRSP today!

The benefits of early contribution

Two taxpayers, both 25 are considering RRSPs . . .

  • Taxpayer A starts immediately, contributes $2,000.00 a year for 10 years at 8%
  • Taxpayer B waits 10 years to start, contributes $2,000.00 a year for 30 years at 8%
  • When they turn 65, Taxpayer A will have $70,000.00 more in her RRSPs despite the fact that taxpayer B contributed three times as much!

How much can I Contribute to an RRSP?

Making the maximum contribution each year helps to ensure your financial
security at retirement.

You can determine your RRSP deduction limit by clicking on this link: Canada Revenue Agency: How much can I contribute and deduct?

Contact us now to customize your RRSP with a plan that suits your investment style.

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