REGISTERED RETIREMENT SAVINGS PLANS (RRSPs)
A healthy RRSP is a great way to help ensure you get the retirement you deserve. Registered term deposits, mutual funds*, stocks* and bonds*—there’s really no limit to the investment opportunities available to you. Best of all, your contributions and growth will be tax sheltered until the day your funds are withdrawn.
Working with a Northern Advisor, we can come up with the ideal formula to help you meet all of your retirement goals. You can choose to put your money in a variable rate account, embrace the guarantee of a fixed rate term or blend your investments across a number of products that grow and change as you age.
- Contributions to your RRSP are tax deductible
- Pay no tax on interest or other monetary growth until the day your funds are withdrawn
- A variety of investment options depending on your personal preferences and needs
- All Northern RRSPs are supported with expert advice from a Northern Consultant
- Complete deposit insurance on term deposits
- Pre-authorized contribution programs make it easy to build a strong retirement fund
At Northern Credit Union, eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Click here to learn more.
*Mutual funds are offered through Credential Asset Management Inc. Mutual funds and other securities are also offered through Credential Securities, a division of Credential Qtrade Securities Inc., Member of the Canadian Investor Protection Fund. Credential Securities is a registered mark owned by Aviso Wealth Inc.