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Education Centre:
What is a Retirement Savings Plan (RSP)?
A Retirement Savings Plan (RSP) is a plan that allows you to save money
on a tax-deferred basis until your retirement. By contributing to an
RSP every year, you can pay less tax now and build a larger retirement
income for the future.
Tips for RSP investing:
- Beginning as early as possible will allow the greatest effect of compound
interest and growth.
- Contributing every year maximizes the earning power of compound
interest.
- Maximizing your yearly contribution takes full advantage
of your allowable
tax deduction.
- Learn more about RSPs at ATB Financial.
For more information about our service or solutions, call us (toll-free) at 1-888-ATB-3863, or contact any branch of ATB Financial. For the branch hours and address of the ATB Financial location nearest you, please use the Branch Locator.
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