RRSP

A savings account specifically designed to help you with retirement.

Registered Retirement Savings Plans (RRSPs) are savings accounts specifically designed to help Canadians invest for retirement. With an RRSP, you save for your retirement while enjoying income tax savings each year that you contribute.


A range of RRSP options to suit you best.

At LifePlan Investments, we offer a wide range of RRSP options. Our trained financial consultants can help you to pinpoint your needs and find the solution that is right for you.


A LifePlan Investments option allows you to invest wisely in your RRSP. It is designed for all types of investors, from those who like to play it safe to those who like to take risks. Furthermore, it offers you the choice of Active ETF portfolio, segregated funds, guaranteed interest funds, mutual funds, and more. We specialize in providing custom built portfolio solution with discretionary trading for your investments with our CFA partners.


Things to know about your RRSP

  • Your maximum contribution limits can reach an amount equal to 18% of income earned the previous tax year or a fixed ceiling if your income is high.
  • Unused contributions can be carried forward year after year. All contributions are deducted from your taxable income, which lowers the tax you pay and can make you eligible for a refund. Income earned in your RRSP is not taxed until it is withdrawn.
  • The funds in the RRSP can be used to help you buy or build your first home (Home Buyer’s Plan) or to go back to school (Lifelong Learning Plan).
  • When retired or, at the latest, the year you turn 71 years, you must convert your RRSP to a Registered Retirement Income Fund (RRIF) or an alternative retirement savings vehicle.


The benefits of working with a LifePlan Consultants or Financial Planner for your RRSP

  • Taking out an RRSP loan is a great way to make your savings grow
  • Low fee ETF and Custom managed investment portfolio
  • Unbiased advise and more option for your investments
  • Review with Certified Financial Planner
  • Complimentary basic retirement plan
  • Save your fees and make your investment grow efficiently
  • Fee based planning – know what you are paying
  • Full transparency and fee disclosure for your investments.

Plus!

Get basic tax planning advice with our Certified Financial Planner when you invest in an RRSP.


Contact our Qualified LifePlan Consultant or Financial Planner Today.



Our qualified consultants will take the time to review your current investment account and see if your investments holding have the right asset allocation and are managed according to your risk tolerance.