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Registered Products 

Registered Retirement Savings Plan

  • An RRSP is a tax-deferred government-approved plan in which members can save money for retirement
  • Contributions and interest earned within the plan are tax sheltered
  • Variable and fixed rate options are offered at competitive rates
  • Funds must be moved into a retirement income option plan by the end of the year in which depositor reaches the age of 71

Registered Retirement Income Fund (RRIF)

  • RRIF’s are offered at a fixed rate for one to five years
  • Interest paid back into the RRIF
  • A RRIF provides flexible options for maturing RRSP’s
  • It can be customized to meet your personal goals and budget requirements
  • You arrange the amount and frequency of the payments

Registered Education Savings Plan

  • Government approved plan for providing post-secondary education funding
  • Income earned within the plan is not taxed until withdrawn
  • Additional education funding provided by Canadian Education Savings Grant
  • Single or Family plans offered
  • Variable and fixed rate options are offered at competitive rates
  • Most secondary institutions and programs including correspondence courses qualify
  • The Credit Union acts as an agent for Concentra Financial

Registered Disabilites Savings Plan

  • An RDSP is a savings plan that is intended to help individuals with a disability, who are eligible for the Disability Tax Credit, and their families save for long-term financial security. Income earned within the plan is tax-sheltered until withdrawn.
  • Government incentives are available to help build the RDSP savings. The Canada Disability Savings Grant (CDSG) is a grant based on annual contributions paid into the plan. The federal government will match 100%, 200% or 300% on eligible contributions paying up to $3,500 of CDSG annually into an RDSP to a lifetime maximum of $70,000. The Canada Disability Savings Bond (CDSB) is an amount paid by the federal government into an RDSP of an eligible beneficiary. CDSB is based on family net income and an eligible beneficiary can receive up to $1,000 per year paid into their RDSP to a lifetime maximum of $20,000.

Our team of experts are dedicated to guiding you towards transformative financial decisions that will empower your journey to success. Whether it's setting up an emergency savings, planning for retirement, budgeting, saving for a major purchase or expense, or paying down debt. 

As you blow out the candles (figuratively speaking), imagine your future self. The one that thanked you for making the choices you made, starting now. 

Let's sweeten the celebration!! Tell us what the financial well-being of your future self looks like for you and enter for a chance to win 1 of 2 giveaways. The prize is your choice of $400 cash or a $500 1-year investment. 

Take charge and thrive with Turtleford Credit Union 

Terms & Conditions

  • Must be a member of Turtleford Credit Union; if not a member, then must be living within a 100km radius of Turtleford, SK
  • 2 (two) prizes will be awarded. The prize will be winner’s choice of $400 cash, or a $500 1-year investment offered through Turtleford Credit Union
  • Cannot be or live in the same household as a Turtleford Credit Union staff member or a member of the Board of Directors
  • Chances of winning are dependent upon number of completed entrants.
  • If under the age of 13 a parental or guardian consent and contact information is required
  • A skill-testing question will be required to claim the prize.
  • Contest opens 9:00am SK November 10, 2023, and closes 11:59pm SK February 15, 2024
  • Prizes will be randomly drawn on December 15, 2023, and February 16, 2024
  • Rolling entry will be applied (if you entered in November, your name will remain qualified for both draws in December and February))
  • Only one entry per individual will qualify (regardless of the number of times entered, the entry will only count as 1)
  • If the winner cannot be contacted after 3 (three) attempts, another name will be drawn.