Home / Personal Services / Investments / Registered Retirement Savings Plan (RRSP)
Momentum offers three types of registered savings plans to help meet your investment strategy based on the current stage of your life. With a tax deduction for your contributions and tax sheltered interest, it’s never too early (or too late) to start saving for your retirement and taking advantage of the benefits that go along with saving.
Savings Account RRSPs
- Variable rate of interest
- Immediate access
- No minimum deposit amount required
- Contributions can be made through recurring transfers or payroll deductions
Fixed Term RRSPs
- Guaranteed principle and interest
- 1 – 5 year terms
Registered Step-up GIC
- Guaranteed principle and interest
- 5 year term with annual rate increases to protect you from inflation
For members looking to make an RRSP contribution who don’t have the money available, we also offer RRSP Investment Loans and Lines of Credit (LOC) at a special rate.
Click here to see our current RRSP rates.
Already a member? Contact the Solution Centre to open your RRSP today. For new members, contact the Solution Centre or open your RRSP online.