At Luminus Financial, we’re committed to helping you reach your long-term financial goals — including a strong and secure retirement. That’s why we’re excited to offer new competitive RRSP rates that help your savings work harder for you.
New RRSP Term Rates Designed for Your Future
Whether you’re planning ahead or catching up on contributions, our latest Registered Retirement Savings Plan (RRSP) rates are crafted with your retirement goals in mind:
- 3-Year Term — 3.63%
- 5-Year Term — 3.80%
These rates provide stability and growth potential with competitive returns that align with your long-term savings strategy.
Why These RRSP Rates Matter
When you contribute to an RRSP, the dollars you save can reduce your taxable income today while giving your investments room to grow tax-deferred until retirement. This can mean more financial peace of mind down the road.
By locking in a term with a strong rate like 3.63% or 3.80%, you’re taking a proactive step toward maximizing your retirement savings with support from your cooperative credit union.
Maximize Your Retirement Savings with an RRSP Loan
We know that sometimes the money you want to invest in your RRSP isn’t always readily available. That’s where an RRSP Loan from Luminus Financial can help.
An RRSP loan lets you borrow funds specifically to contribute to your RRSP, so you won’t miss out on valuable contribution room or tax-saving opportunities as the contribution deadline approaches. RRSP loans allow you to:
- Make a larger RRSP contribution than you might otherwise be able to afford
- Potentially receive a larger tax deduction
- Leverage your tax refund to help repay the loan
- Grow your RRSP’s tax-sheltered investments sooner rather than later
At Luminus, RRSP loans are available at Prime rate, giving you straightforward, transparent pricing to support your retirement planning needs.
