ATB Investor Services RRSP account

Get advice specifically tailored to you and your retirement goals from ATB Investor Services™.

Create a customized RRSP plan


  • Clicking the button will open a new page of ATB.com

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Details

Overview

An RRSP is one of the best ways to save for retirement and defer taxes at the same time. It's a government-approved account specially designed to help you save money for your retirement.

ATB Investor Services helps you select the best investments for your RRSP, from GICs, mutual funds, stocks and bonds.

Pricing

  • Interest earned
    Varies by investment solution chosen.

Additional Information

  • Other features
    • There is a limit to how much you can invest each year, and that limit—called an RRSP contribution limit—is based on your income.
    • Any contribution you make (up to your annual limit) is tax deductible, offering you immediate tax savings.
    • Your contribution never expires, so you can carry it forward.
    • You can put part or all of your RRSP contributions into a plan in your spouse's or common-law partner's name.
    • The interest you earn on your contributions stays in your RRSP. You don't pay tax on it until you take it out of the plan. Even though you can withdraw RRSP money whenever you like, the idea is to keep your money in the plan until you retire. Usually withdrawals are treated as income, which means you'll pay tax on the money when you withdraw it.
    • In the year you turn 71, your RRSP matures. Don't worry about getting a big tax bill. You have a number of retirement income options that allow your retirement savings to continue to grow in a tax-sheltered environment. Only payments to you from your plan are immediately taxed. So you can spread the tax on withdrawals over your retirement years.

Details

Overview

An RRSP is one of the best ways to save for retirement and defer taxes at the same time. It's a government-approved account specially designed to help you save money for your retirement.

ATB Investor Services helps you select the best investments for your RRSP, from GICs, mutual funds, stocks and bonds.

Pricing

  • Interest earned
    Varies by investment solution chosen.

Additional Information

  • Other features
    • There is a limit to how much you can invest each year, and that limit—called an RRSP contribution limit—is based on your income.
    • Any contribution you make (up to your annual limit) is tax deductible, offering you immediate tax savings.
    • Your contribution never expires, so you can carry it forward.
    • You can put part or all of your RRSP contributions into a plan in your spouse's or common-law partner's name.
    • The interest you earn on your contributions stays in your RRSP. You don't pay tax on it until you take it out of the plan. Even though you can withdraw RRSP money whenever you like, the idea is to keep your money in the plan until you retire. Usually withdrawals are treated as income, which means you'll pay tax on the money when you withdraw it.
    • In the year you turn 71, your RRSP matures. Don't worry about getting a big tax bill. You have a number of retirement income options that allow your retirement savings to continue to grow in a tax-sheltered environment. Only payments to you from your plan are immediately taxed. So you can spread the tax on withdrawals over your retirement years.

Create a customized RRSP plan


  • Clicking the button will open a new page of ATB.com

You May Also Like