Acu Symbol 2
Sign In
Sign In

RRSP

Plan for your retirement

With a Registered Retirement Savings Plan (RRSP) account, you can watch your savings grow tax-free. You won’t pay tax on the money you contribute until you’re ready to make a withdrawal.

How it works:

  • Any Canadian who is employed and files taxes can contribute to an RRSP.
  • There is no minimum age to contribute.
  • Contribute until December 31 of the year that you turn 71.
  • Spousal and individual plans are available.
  • Contribute up to a set maximum every year into your RRSP account.
  • You receive a tax receipt for contributions to reduce your taxable income.
  • Income from an RRSP is taxable only when withdrawn.
  • Your unused annual contribution rolls over for use in future years.

Choose to invest your money in savings accounts, guaranteed investment certificates (GICs), mutual funds* or other securities such as stocks*, bonds* and ETFs*.

Featured advice and stories

Asterisk 2.0 Featured Image 1152 X 770 Investing For Newcomers

Investing in a new beginning: Wealth Building Tips for newcomers to Canada

There are a number of barriers to investing for newcomers, like learning a new language or adapting to different social customs—even getting used to the weather.


Read more
Asterisk 2.0 Featured Image 1152 X 770 FHSA VS TFSA VS RRSP

RRSP vs. TFSA vs. FHSA: Breaking down the options for buying your first home

Many ACU members are familiar with their options when saving for a down payment. Tax Free Savings Accounts (TFSAs) offer shelter from taxes on growth, while a Registered Retirement Savings Plan (RRSP) offers tax-deductible contributions.


Read more
Featured Advice 2021 04 06 Sri Impacts Of Covid 19

Socially responsible investments on the rise as public holds companies more accountable

Ethical investing allows you to support companies that take a socially responsible approach to their operations. While the concept isn’t new, the opportunities for aligning with businesses that share your values have never been higher.


Read more
Helpful links
Retirement calculator
Explore ways to invest

You may also be interested in

Mutualfunds
Mutual funds
Bursaries
Education - RESPs
Wealthmanagement
Wealth management
Onlineinvesting
Digital investing
Mutual funds and other securities are offered through Aviso Wealth, a division of Aviso Financial Inc. Unless otherwise stated, mutual funds, other securities and cash balances are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer that insures deposits in credit unions.
This website uses cookies to improve your user experience. By continuing to browse the site you are agreeing to our use of cookies.