A Registered Retirement Savings Plan (RSP) is a great way to reduce your taxable income today while saving for a comfortable retirement tomorrow. As a Canadian Government regulated program it can provide you with special tax benefits.  Your RSP contribution reduces your taxable income in that year and the money you invest can have years of tax-deferred growth. You only pay tax on the amounts you withdraw.

You should purchase and RSP if:

    - You want to supplement your retirement income so that your
     lifestyle can be maintained after you retire. 

    - You want to reduce your taxable income in the year of your contribution.

    - You want to earn tax-deferred interest on your money.

RSP's can also help you purchase a new home or pay for your education.

At KCU we can tailor your RSP investments to meet your retirement financial needs.  Just about anyone can open and contribute to an RSP.  If you pay income tax, are employed or self employed and are under 71 years of age you can benefit from an RSP by paying less tax now and saving for your future.

At KCU we also offer financing at low rates to help you invest in your future. 

Give us a call today or visit your KCU branch for more details and to set up an appointment.