Search
Close this search box.

RRSP loans

Borrowing money to invest in an RRSP has many advantages. Besides the immediate tax refund, you also can:

  • Increase the amount you have to invest
  • Take advantage of tax-sheltered compounding
  • Boost your investment returns
  • Achieve your long-term financial goals more quickly
  • Build a larger and more diversified retirement portfolio

An RRSP Loan may be suitable if you:

  • Want to make a contribution now but don’t have the funds available
  • Want to take advantage of your unused RRSP contribution room
  • Are now in a higher marginal tax bracket than last year

RRSP Loans come with the following features:

  • Low interest rate
  • Flexible repayment option (up to 10 years)
  • Deferred payments (up to 90 days)
  • No early repayment penalty

Check out our Investment Calculator to see how much an RRSP deposit today could be worth in the future.

12 2024 1 2
A Conversation About Your Financial Future

A Conversation About Your Financial Future

09 2018 2
Bad Excuses for Putting Off Investing

Bad Excuses for Putting Off Investing

10 2024 1
Market Highs vs. Your Goals

Market Highs vs. Your Goals

Aligned Capital Partners Inc. (“ACPI”) is a full-service investment dealer and a member of the Canadian Investor Protection Fund (“CIPF”) and the Canadian Investment Regulatory Organization (“CIRO”). Investment services are provided through Wealth Max Financial, an approved trade name of ACPI. Only investment-related products and services are offered through ACPI/Wealth Max Financial and covered by the CIPF. Financial planning and insurance services are provided through Wealth Maximization Group. Wealth Maximization Group is an independent company separate and distinct from ACPI/Wealth Max Financial.

CIRO
Dealer
CIPF

Contact Us

Find Us Online

Linkedin Facebook Youtube

Free Consultation

© Copyright AdvisorNet. All rights Reserved.