Our 2017 RRSP investment solutions

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PROMOTIONAL NON-REDEEMABLE GIC1

 Non-redeemable
Term: 19 months

Fixed return

1.65%

Fixed return of 1.65% compounded annually


CONTRIBUTE

Main features

  • Principal protected at maturity
  • Guaranteed return
  • Fixed yield potential
  • Available in TFSA, RRSP and non-registered
  • Minimum investment: $500

More details and options

DIVERSIFIED GIC-PERFORMANCE2

Non-redeemable
Term: 5 years

 Interest at maturity between: 

2.33% and 19.21%

Return between 0,46 % and 3,5 % compounded annually

CONTRIBUTE

Main features

  • Principal protected at maturity
  • Market related performance
  • Potential for higher returns
  • Available in RRSP and non-registered
  • Minimum investment: $500

More details on this GIC


Not sure yet? Contribute now and decide later.


Our Progress RRSP allows you the flexibility to contribute online now and choose the investment solution that suits you best later.
A great option if you're in a hurry or undecided.

Contribute


Contact us

1-866-489-7337

 

Contribute to an RRSP: What you need to know

What is the contribution deadline?

In order for your RRSP contribution to be eligible for the 2016 taxation year, the contribution deadline is March 1, 2017.

Important dates to remember

What is the maximum
contribution? 

There is a ceiling of $25,370 for 2016 but you may have unused contribution room, refer to your notice of assessment. 

What determines your maximum contribution

Which investments
qualify?

Several types of investments can be placed in an RRSP, including guaranteed investment certificates, stocks, and bonds.

What are your RRSP investment options

 

Take full advantage of your RRSP

RRSPs and taxes

RRSPs and taxes

Contributing to an RRSP allows you to reduce the fiscal impact of your investments. First by diminishing the amount owed in taxes for the RRSP contribution year, and then by keeping the invested amount (and the returns for that investment) sheltered from taxation until retirement.
LLP

The Lifelong Learning Plan

The Lifelong Learning Plan (LLP) allows you to withdraw funds from your RRSP to finance training or education programs, with no income tax payable on the amount withdrawn.
RRSP or TFSA

RRSP or TFSA?

RRSPs and TFSAs were designed to meet different objectives. The RRSP is a vehicle to help save for retirement, while the TFSA was created to help save for more short-term projects, like buying a car.
Planning your retirement

Planning your retirement

Does retirement seem a long way off? By starting early to save for your older age, you have time on your side to accumulate what you need to maintain your standard of living… Maybe until you’re 100!
Home Buyer's Plan

Move In On a Home Buyer's Plan

The Home Buyer's Plan (HBP) will allow you to withdraw funds from their RRSP to purchase your first house, with no income tax payable on the amount withdrawn.
At retirement

At retirement

You can make RRSP contributions until the end of the year you turn 71. After that, different options exist for taking advantage of the savings you’ve accumulated for your retirement, depending on the projects you have planned and your financial situation.

 

Other solutions to consider

Put your wealth management in our hands

Because estate planning doesn’t lend itself to improvisation, National Bank offers high net worth investors a personalized approach to wealth management.
 

Discover our wide range of financial solutions and services

Borrow to invest in your RRSP

Maximize your annual RRSP contribution or take advantage of unused contribution room. You can use your tax return to pay back your loan faster.

Learn more about our financing options

Invest in National Bank Mutual Funds

Depending on your investor profile, National Bank Mutual Funds can allow you to maximize your RRSP investments while keeping a balance between risk and return.

View available Mutual Funds

Contributing regularly to your RRSP

It’s easier to get into the habit of saving when you do it in small doses. Here’s how you can contribute to your RRSP in a regular, systematic way.

Learn more about Periodic investment

Legal notes

1 Offer in effect from January 12 to March 1st, 2017. This offer cannot be combined with any other offer, promotion or advantage. This offer can be withdrawn at any time. The interest rate is fixed for the entire term. The minimum deposit required is CDN $500. The offer applies to an investment in a non-redeemable, fixed-rate guaranteed investment certificate (GIC) at 1.65%, in Canadian dollars, for a term of 19 months, to be invested in an RRSP, a TFSA or in a non-registered investment (outside of an RRSP) at National Bank. The offer does not apply to any GICs already held by a client. Interest may be simple or compound, as the client chooses, with the exception of GICs invested in an RRSP, for which interest is compound only. Simple interest is payable monthly, semi-annually or annually, depending on the date the investment was issued. Compound interest is calculated on each anniversary date of the investment, compounded annually and payable at maturity. Clients will have 10 business days after the new GIC is issued to cancel the renewal. National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).

2 This offer can not be combined with any other offer, promotion or benefit.

The Diversified GIC - Performance, Series 59, Investors Category (the "Diversified GIC - Performance") is not a conventional fixed income instrument, is not suitable for all types of investors and is subject to a number of risk factors. Potential investors should consult the relevant Information Statement before investing. The Bank has issued previous series which may have different terms and conditions, please refer our website for previous series. Capitalized terms used and not otherwise defined herein have the meanings ascribed thereto in the Information Statement.

The Variable Interest on the Diversified GIC – Performance is based on the return of three Reference Assets included in the Reference Portfolio, the Fixed-rate GIC, the Canadian Precision 10 GIC and the Global Precision 10 GIC for which the Reference Asset Weight are 25%, 30% and 45% respectively. The Reference Portfolio Return is equal to the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of the Reference Assets comprising the Reference Portfolio. The Variable Interest will be no less than 2.33% of the principal invested on the Issue Date (the “Guaranteed Interest”) (which is equivalent to a compounded annual rate of return of approximately 0.46%) and will be limited to a maximum of 19.21% of the principal invested on the Issue Date (the “Maximum Interest”), which would be the equivalent of a compounded annual rate of return of approximately 3.58%.

The Reference Asset Return of the Fixed-rate GIC is a percentage equal to 1.80%. The Reference Asset Return of the Fixed-rate GIC is compounded annually over five years.

For each of the Canadian Precision 10 GIC and the Global Precision 10 GIC, the Reference Asset Return is the arithmetic average of the price return of the 10 Reference Shares of the applicable Reference Basket having the sixth to fifteenth highest return of the 20 Reference Shares of the applicable Reference Basket over the period starting on the Issue Date of the Diversified GIC – Performance and ending on the Valuation Date, subject to a maximum of 22.50% and a minimum of 0%.

If the Reference Portfolio Return at maturity is not greater than the Guaranteed Interest, the Diversified GIC – Performance will generate only the Guaranteed Interest in addition to the principal invested on the Issue Date.