When You Grow, We Grow

LeRoy Credit Union

When You Grow, We Grow

   

RRSP & RRIF

Registered Retirement Savings Plan (RRSP)

A full range of investment options are available including term deposits and mutual funds*. Maximize your return by arranging automatic monthly transfers to an RRSP account. We can also transfer in your pension plans from previous employers.

Registered Retirement Income Fund (RRIF)

By age 71, you will need to convert the funds from your RRSP into a RRIF. We can also transfer in your pension plans from previous employers. Let us help you determine which options best suit your retirement needs.

Variable Accounts

— No minimum deposit
— Interest is calculated on minimum closing daily balance and paid semi-annually on June 30th and December 31st
— Pre-Authorized Deposits may be set for regular contributions

Fixed Term Deposits

— Term lengths 1 to 5 years
— Interest is calculated on minimum closing daily balance and paid annually
— Non-redeemable except upon death and Revenue Canada ‘s Home Buyers and Life Long Learning Plans

*Mutual funds are offered through Credential Asset Management Inc.