An RDSP will help you save up to $200,000 for future financial security.
Because it’s tax sheltered, any investment growth your money earns will be tax-deferred until withdrawn, ensuring the savings grow faster.
Enjoy the benefits of an RDSP
- Grow the money faster — Because your RDSP is tax-sheltered, the investment earnings will grow untouched until they’re withdrawn.
- No withdrawal restrictions — The savings can be withdrawn for any need the person with a disability has.
- No impact to disability benefits — The RDSP is exempt from most provincial disability and income assistance benefits. So it won’t get clawed back.
- Benefit from government grants — The government offers a number of income-dependent grants that can boost your savings. Speak to us to learn more.
- Anyone can contribute — family, friends, and even neighbours can add funds to the savings plan.
- Flexible investing options — Your RDSP can hold a number of investments, including Term deposits and mutual funds.
Take advantage of tax-free savings
Whether you’re saving for a specific goal or simply future financial security, a tax-free savings account (TFSA) will help you get there faster.
READY TO PUT PROFESSIONALLY MANAGED TAX-SHELTERED SAVING TO WORK FOR YOU?
Get in touch with our financial advisor, Jason Truscott, for more information and to get set up.
Phone: 250.428.0606
Toll Free: 1.877.402.6505
Get in touch! We’ll be happy to help review your options and determine if an RDSP is right for you.
Whatever your needs, our expert planners at Growth Financial will help create a bulletproof plan to address them.
© 2022 Creston & District Credit Union. All rights reserved.