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Contribute by regular instalments

To contribute a significant amount annually without straining your budget, just contribute throughout the year and avoid the February rush. This way, your capital will be in a tax shelter for a longer period of time since your contributions will earn interest from day one.

Select the regular instalment plan where your contributions are withdrawn directly from your account. You'll see: a few dollars each week or month will add up.

Interested? Here are two ways to do it.

  1. Authorise your caisse to withdraw the amount you choose as often as you like.
  2. If you already have an RRSP Regular Savings Account, you can log on to AccèsD and set up the instalments to be made in advance at the frequency you want .

No need to give it another thought - transfers are made automatically.

You can change the amount and frequency any time you wish.

This is how your contributions can grow.

Weekly $10 contribution
Time span
Capital invested
Value of RRSP
After 10 years
$5,200
$7,239
After 20 years
$10,400
$20,797
After 30 years
$15,600
$46,193


Weekly $50 contribution
Time span
Capital invested
Value of RRSP
after 10 years
$26,000
$36,193
after 20 years
$52,000
$103,985
after 30 years
$78,000
$230,966

These examples are based on an RRSP investment at an annual rate of 6.5%.

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