Achieva's RRSP Savings Account offers one of the simplest ways to save for retirement and reduce your tax burden without the need to lock in your funds.
The RRSP Savings Account combines the high interest rate and flexibility of our regular Daily Interest Savings Account, with all the tax benefits of an RRSP.
Contributions to an RRSP and the interest earned are tax-sheltered until they are withdrawn. You receive a tax receipt for RRSP contributions that reduces your taxes payable. RRSP contribution limits are determined based on your earnings, up to a set maximum.
Achieva's RRSP Savings Account has no minimum balance and contributions can be made at any time throughout the year, making it ideal for regular, frequent deposits to your retirement savings.
To make regular contributions even easier, set up a pre-authorized contribution plan, transferring funds automatically to your Achieva RRSP Savings Account.
All deposits guaranteed without limit by the Deposit Guarantee Corporation of Manitoba.
Interest is calculated on daily closing balance and paid monthly.