If you’re looking to grow your retirement savings and reduce your tax bill, an RRSP loan may be a great option for you.
Our RRSP loans come with competitive interest rates and no penalties for early repayments, giving you the opportunity to pay off your loan on your terms. With us, you can borrow up to your RRSP contribution limit and invest in a variety of investment options to suit your needs and objectives.
Some of the main benefits of our RRSP loans include:
- Tax savings: By contributing to your RRSP, you can reduce your taxable income and lower your tax bill. An RRSP loan can help you maximize your contributions and benefit from these tax savings.
- Growth potential: The investments you make through your RRSP have the potential to grow tax-free over time, helping you reach your retirement savings goals faster.
- Flexibility: With our RRSP loans, you have the flexibility to choose the investment options that best align with your financial goals and risk tolerance. This allows you to customize your investment mix and maximize the returns on your investment.
If you’re considering an RRSP loan, we invite you to speak with one of our financial advisors to learn more about how we can help you grow your retirement savings and achieve financial security for the future.