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Registered Retirement Savings Plans (RRSPs)

Preparing for work after work shouldn't feel like work

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Versatile and rewarding, a Registered Retirement Savings Plan, or RRSP, offers significant tax advantages in preparation for a financially-secure future.

The perfect investment for anyone looking to confidently save for the long-term. An RRSP yields tax-savings benefits now, and then again in your retirement as your investments become a source of income. Any contributions made to your RRSP in a given tax year will be deducted from your taxable income. That mean you’ll pay less in income tax today, all while allowing your wealth to grow, sheltered from tax until it’s withdrawn.

The RRSP deadline for 2020 contributions is March 1, 2021

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Start savings for your children's future

with a Registered Education Savings Plan (RESP)
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How would you like to invest?

WestEarner® RRSP account

Start your retirement savings plan off right with a flexible option designed specifically for those who can only make smaller contributions. Kick-start your retirement planning, even if your initial deposits are small and transfer funds at anytime to a CWB RRSP GIC or a RRIF GIC.

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WestEarner® Premium RRSP GIC

Make sure your future is secure by growing your savings while protecting 100% of the funds you originally invested. Guarantee a return while reducing your taxable income and enjoying potential tax-savings. Shelter your investments from tax while held in the plan and utilize your RRSP investments to make a down payment on a mortgage or pay post-secondary tuition.

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WestEarner® Convertible RRSP GIC

Enjoy the perks of a registered retirement savings plan with the flexibility to adapt to interest rates. Floats with CWB Prime so you can benefit from rising interest rates. Convert to a WestEarner® Premium GIC at any time and renew automatically for maximum convenience.

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Start saving for every moment.

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