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Registered Plans...

RRSP's

For most people, careful long term planning is what it takes to enjoy your retirement. Registered Retirement Savings Plans have become an essential part of any retirement plan. By contributing to a Battle River Credit Union RRSP every year, you can pay less tax now and build a larger retirement income for the future.

BRCU RRSP features include:

  • No Fees (except for transfers out)
  • Competitive interest rates
  • Variable or fixed interest rates
  • Transfers easily arranged from other institutions at no charge

RRIF's

A RRIF is a retirement income option that provides regular retirement income from investments previously held within your RRSP. A RRIF is similar to continuing an RRSP, with the exception that you must take some taxable payments from the RRIF. Funds within a RRIF remain tax sheltered until they are withdrawn. BRCU offers fixed term and variable rate RRIF plans to provide maximum flexibility for your retirement income options.

Talk to one of our Member Service Representatives to discuss your retirement options today.


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Did You Know...

When you open an account you PURCHASE COMMON SHARES of Battle River Credit Union and become a voting owner ("member"). Common Share refunds CONTRIBUTE TO THE EQUITY reserves the credit union maintains to ensure a stable base from which to operate today and remain strong for tomorrow. Common Shares allow you to SHARE IN THE PROFITS of the Credit Union and participate in it's operation.

 

 
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