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Our Financial Services
  • Retirement Planning
    • Do you know when you're going to retire?
    • Do you know how you will retire?
    • Do you know what's beyond retirement?
  • Investment Planning
    • You've worked hard for your money, shouldn't it now work hard for you?
  • Insurance Planning
    • How will your family get by if you have a Critical Illness such as Cancer or a Stroke?
    • With your death or disability, how will your family pay the bills?
  • Estate Planning
    • Who will get the biggest chunk of your estate on your passing, your family or the government?
  • Employee Group Benefits
    • Are you a business owner looking to attract and retain good quality employees?
    • Do you want a tax deductible way to provide health and dental benefits to your employees and their families?
  • Tax Planning
    • Do you pay taxes?
    • Are you paying the least amount of tax?
  • Cash Management
    • Do you need a strategy to get out of debt and start saving money?

Registered Retirement Savings Plan (RRSP) in Maple Ridge & Pitt Meadows, BC

Are you looking for more information about Registered Retirement Savings Plans (RRSP's) in Maple Ridge & Pitt Meadows, BC?

A Registered Retirement Savings Plan (RRSP) can be an effective tool in helping you save for your future and retirement needs. With an RRSP in Maple Ridge you have the ability to use it in other ways too, like purchasing your first home and covering education costs.

What is an RRSP

An RRSP in Maple Ridge is a personal savings plan that is registered with the federal government allowing you to save for your retirement on a tax sheltered basis. Having this ability to grow tax free has the potential to increase and compound your investment faster. Contributions to an RRSP in Male Ridge can be made by individuals under the age of 72 who have an "earned income."

Some of the Benefits of an RRSP

  • By contributing to an RRSP in Maple Ridge during your income earning years you can receive tax deductions when your income is usually highest. This amount you contribute each year can be deducted from your gross income at tax time, reducing the amount you pay in income tax that year
  • The income earned in your RRSP in Maple Ridge is not taxed until it is withdrawn, allowing it to grow tax sheltered and potentially grow quicker while it stays in the RRSP
  • When you start to withdraw funds at retirement (and convert to a RRIF), you'll likely be in a much lower tax bracket than during income earning years. The funds withdrawn at this time will benefit from a lower tax rate

Note: for all of the important full details on Registered Retirement Savings Plans (RRSP's) please visit the CRA website at http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/rrsp-reer/rrsps-eng.html

At Manion & Associates Financial Services we have been helping people with their RRSP's in Maple Ridge for over 15 years. As a full service financial planning firm we have access to a wide variety of investment, insurance and deposit options that can be held inside an RRSP in Maple Ridge. Having this flexibility allows us to use the product that best suits your individual situation.

Contact Us Today For More Info

For more information on how an RRSP in Maple Ridge can benefit you, please call us at 604-463-6060.