Registered Retirement Savings Plan
Tons of retirement investment options,
all under one roof.
A Registered Retirement Savings Plan (RRSP) is a retirement savings account registered with the government. Contributions to your RRSP are tax-deferred until you withdraw. The contribution amount is deducted from your gross income, potentially lowering the tax you pay on your income today. The deadline to make 2021 contributions is March 1, 2022.
Your RRSP account can hold any type of investment product like the ones listed below. And since how you invest is just as important as how much you invest, our skilled planning team is here to help understand your individual needs and goals so you have the right portfolio mix. We can also determine if an RRSP loan is suitable.
Coast Capital® Mutual Funds
What is it?
- Our family of funds with lower fees, designed to be simple, affordable and conservatively managed
Why could it be right for you?
- You're looking for medium to long-term growth
- You want simplified options
- You're looking for low fees
- You want to know your portfolio is being professionally managed to keep your investment goals on track
Additional Mutual Funds
What is it?
- A selection of professionally managed, diversified funds
Why could it be right for you?
- You want to know your portfolio is being professionally managed to keep your investment goals on track
Non-redeemable GICs
What is it?
- Offers short and long-term options, from 30 days to 5 years
- Minimum $500 investment
- Redeemable at maturity
Why could it be right for you?
- You want to choose exact term length
- You want income from the interest on your investments
1-Year Redeemable GICs
What is it?
- Offers flexibility for one year
- Minimum $500 investment
- Redeemable any time (with full accrued interest after 30 days)
Why could it be right for you?
- You want access to your savings
- You want to start savings but aren't sure which investment is best for you
Better-than-cash® GICs
What is it?
- Offers flexibility for one year
- Minimum $500 investment
- Redeemable any time (with full accrued interest after 6 months)
Why could it be right for you?
- You want access to your savings, but you still want a competitive rate
- You want to start savings but aren't sure which investment to choose
Rising Rate GICs
What is it?
- Offers a rate that escalates each year
- Available for 3 or 7 years
- Minimum $500 investment
- Redeemable on each term anniversary without penalty
Why could it be right for you?
- You're saving for the long term
- You want the flexibility of redeeming your money annually
- You're rewarded with long-term savings with higher interest rates every year
Coast Capital Savings Federal Credit Union is a member of the Canada Deposit Insurance Corporation (CDIC). More CDIC information
Coast Capital Savings Federal Credit Union provides advice and service related to deposit, loan and mortgage products. Coast Capital Wealth Management Ltd. provides investment and financial planning services. Coast Capital Financial Management Ltd. provides advice and service related to segregated funds, annuities and life insurance products. Worldsource Financial Management Inc. provides advice and service relating to mutual funds. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses may all be related with mutual fund investments. Important information about mutual funds is contained in the relevant fund facts and simplified prospectus. Please read the fund facts carefully before investing. Only deposits payable in Canada are eligible to be insured under the Canada Deposit Insurance Corporation Act.
The Low-fee, More-for-me Mutual Funds® are managed by SEI Investments Canada Company. Worldsource Financial Management provides mutual funds and services. Mutual fund values change frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be related with mutual fund investments. Please read the Fund Facts carefully before investing.