RRSP
The Lafleche Credit Union Limited has several options to help you invest your retirement funds in an investment vehicle that suits your goals and objectives.
We offer term deposit type RRSP. These deposits are fully guaranteed by Deposit Guarantee Corporation.
- Competitive interest rates.
- Non-redeemable RRSP terms range from 1 year to 5 years.
- Also offer a variable rate RRSP saving account.
- Can be purchased at any time of the year.
- RRSP contributions can be made on a regular basis – such as monthly.
- RRSP’s must be either withdrawn or transferred to a retirement income option by the end of the calendar year in which you reach age 71.
- RRSP withdrawals are subject to withholding tax.
