Registered Retirement Savings Plans

Is there such a thing as stress free planning and saving for retirement?

Whether you’re just starting to save, wondering if you are saving enough, or getting close to retirement, talk to us.  We’ll help you develop a plan that’s right for your situation - or make an existing plan even better. 


Here’s how a plan will reduce your stress:

      • Save more. When you set up monthly automated contributions into your retirement savings account, it will help you save more - automatically. 
      • Reduce taxes. Your RRSP contributions are deducted from your income, and you only pay tax on your remaining income. This can save you thousands of dollars each year. Plus, RRSP savings grow tax-free until you start withdrawing your money.
      • Answer questions. Every person’s situation is unique, and having a plan can answer such questions as: Should I save or pay down debt? Should I contribute to an RRSP or a TSFA? Is it better to play it safe with GICs or diversify? What’s the best way to withdraw funds once I retire? Our experts can answer all your questions – and find the best options for you.
      • Earn more. Make your money work hard to meet your goals. An RRSP can include a full range of investments such as:



Nothing is more costly than doing nothing. For greater peace of mind, come in and talk with our experts—you'll feel less retirement stress in no time!

Start saving today - have an online chat with one of our customer service representatives or have an expert contact you at your convenience.

We can help you set up or increase your automatic contributions easily. Start saving today!



STRESS FREE–FOR FREE!

Visit the branch nearest you to talk to our experts about the Stress Free RRSP that’s right for you, and be sure to ask for your FREE Stress Free RRSP Aromatherapy sample! Blended from the finest natural ingredients, its soothing scent will calm your mind with every breath.

Available while quantities last, limit of one aromatherapy sample per member.  Aromatherapy products may vary and may not be exactly as shown.





Online RRSP Contributions

Want to make a RRSP contribution online? Simply:

  • Log in to your MemberDirect online banking
  • Navigate to the Transfers option on the left
  • Choose the account you would like to pull your RRSP contribution from and the amount
  • Select your RSP Variable Savings as your ‘Transfer To’ account to complete your contribution. Your contribution receipt will be mailed to you shortly after

Take it a step further by investing your retirement funds!
Within your MemberDirect online banking:

  • Select Account Services on the left
  • Click on the ‘RRSP Products’ link
  • Find your preferred term deposit & select the ‘Open Account’ option. Then follow the prompts to set up your investment


myCoastal Retirement Plan is powered by Manulife Financial and exclusively for Coastal Community Credit Union members - ask us how! Member Rewards Program starts once your savings balance reaches $25,000.

*Mutual funds, other securities and securities related financial planning services are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. 

To view Coastal Community's RRSP Terms and Conditions of the Declaration of Trust, click here.
 

web chat