Many Canadians have recognized the need to secure their financial future by contributing to an RRSP. Proper financial planning can help you meet your retirement goals in the future, and lower the amount of income tax you pay today.
There are often other financial demands that can make contributing to an RRSP difficult and it can often be a real challenge to maintain the discipline of regular RRSP contributions throughout the year. An RRSP loan is a simple solution that may help you maximize your retirement contribution and reduce the amount of tax you pay.
Manulife Bank RRSP loans offer convenience, competitive interest rates starting at Prime, automatic approval, and a 90-day loan payment deferral option. And you can make extra payments to your loan at anytime without additional fees. What could be easier?
