​Earn a higher return on your savings

Guaranteed Investment Certificates (GICs) and term deposits are secured investments. This means that you get back the amount you invest at the end of your term.

Tandia is pleased to offer members a wide range of market-competitive cashable and fixed rate term deposits with terms from 30 days to 5 years.

A Registered Retirement Savings Plan (RRSP) is a government-approved plan through which you save money for your retirement years.

The benefit of making a RRSP contribution is you can deduct a portion of the contribution off of your taxes. When you do this it saves you on your tax bill by reducing your taxable income. Another bonus is the money you contribute to your RRSP is invested and grows each year tax free! This makes it a great tool for building your retirement nest egg.

A Tax Free Savings Account (TFSA) is a way for individuals to set money aside tax-free throughout their lifetime.

Unlike an RRSP, contributions to a TFSA are not deductible for income tax purposes. However any amount contributed as well as any income earned in the account (for example, investment income and capital gains) is generally tax-free, even when it is withdrawn. Each year there is a limit of how much an individual can contribute to a TFSA, for 2023 the limit is $6500.

Want to learn more about RRSP's and TFSA's? Contact our Wealth Desk at 1-844-600-3586.