There's a lot to know and we're here to help
A Registered Retirement Savings Plan (RRSP) is a government-approved plan through which you save money for your retirement years. Your contributions, within limits, are tax deductible and income earned is tax sheltered. You can hold RRSPs until the end of the calendar year in which you turn 71, when you must make a retirement income option decision for your retirement savings.
There's a lot more to know about RRSPs. Tandia has a booklet available written in everyday language in response to the need expressed by members for clear and understandable information on RRSPs and your retirement income options. To obtain your free copy of Retirement Income - Knowing Your Retirement Income Options, contact us or visit your branch.
Tandia has a number of investment options available to be held within an RRSP.