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Registered Retirement Savings Plan (RRSP)

A registered retirement savings plan (RRSP) is a flexible, attractive savings tool. In addition to reducing your tax bill, it enables you to accumulate significant amounts and to defer income tax on your investment returns. The sooner you start saving, the more quickly your savings will start working for you

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	You deduct the amounts paid from your taxable income.
	You obtain an income tax deferral on your investment income .
	Your protection against financial market fluctuations may attain and even exceed 100% of the capital invested.
	You can borrow to increase your contributions through the Ecoflex RRSP line of credit
	You may pay by pre-authorized checks  you wish.
	You pay no annual administration fees.

Your Retirement Income Requirements (Savings and Retirement for Individuals)

To make your retirement dreams come true, calculate the amount that you should contribute to a retirement savings plan and the amount that you could accumulate.

 

Your Retirement Contributions                           Retirement Income Provided by Your Current Contributions