RRSP Loans

With an Advance Savings Credit Union RRSP Loan you can:

  • Enjoy a worry free retirement
  • Take advantage of unused carry-forward amounts or maximize your yearly contributions
  • Potentially receive a higher tax refund since RRSP contributions are tax - deductible
  • Any tax refund could be used to pay down the loan balance, make next year's contribution early, or just for you to spend - the choice is yours
  • Watch your savings grow tax-free and earn compound interest inside the plan

Features:

  • Terms from 12 months to 10 years
  • Invest in products available through Advance Savings Credit Union
  • Optional life and disability insurance available

*All lending is subject to credit approval within normal credit guidelines.

 

 

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