Take control of your future with a Registered Retirement Savings Plan. An RRSP helps you build the retirement you deserve by offering tax-exempt contributions and income growth while your savings stay in the plan. Start investing in your tomorrow, today!
Your allowable RRSP contribution for the 2024 tax-year is the lower of 18% of your earned income from the previous year, or $31,560.
Early withdrawals (before retirement) will be subject to a withholding tax, which is taken by Northern Birch Credit Union at the time of withdrawal and paid directly to the government on your behalf.
Registered Product Transfer
Transfer your registered product to Northern Birch and get 1% cash back up to $3,000, plus up to $150 in transfer fees covered.**
**Conditions apply.
No matter your retirement plans, our team will help you maximize your retirement savings to match.
Our Retirement Savings Calculator will help you figure out how much your retirement savings will be worth at retirement, and how much income they'll provide.
We’ve partnered with Qtrade Direct Investing® to give you the confidence to buy and sell stocks, bonds, ETFs, and mutual funds - with low trading fees.
We offer mutual funds through our partner Aviso Wealth. Consider mutual funds for a diverse invesment plan today.
**1% Transfer-In Cash Back Bonus Offer
Members who transfer an existing registered product from another financial institution into Northern Birch Credit Union are eligible for a 1.00% cash back bonus on the transferred balance, up to a maximum payout of $3,000.
Eligibility & Minimums: "New money/funds" refers to eligible registered funds transferred directly from another financial institution that were not previously held with Northern Birch Credit Union. A minimum one-time transfer amount of $10,000 into a new or existing Northern Birch Credit Union registered product (including TFSA, RRSP, FHSA, RRIF) is required to qualify.
Bonus Claim & Holding Period: Promo code TRANSFERINBONUS2026 must be specified at the time of transfer initiation. The full transferred deposit balance must remain within the designated registered product at Northern Birch Credit Union through June 30, 2027. The transfer-in must be initiated before December 31st, 2026.
The cash back bonus will be credited to the member's active Northern Birch Credit Union chequing or savings account after June 30, 2027. Baseline balances as of the promotion start date will be used to establish net new fund eligibility.
This promotion is subject to change at any time without prior notice.
Transfer Fee Reimbursement:
Northern Birch Credit Union may reimburse members up to $150 for transfer fees charged by the transferring financial institution, paid to an active chequing or savings account upon receipt of valid proof of fee assessment. This reimbursement is on eligible transfers-in of $10,000 or more. This fee will be reimbursed once the transferred-in funds are received by Northern Birch Credit Union.
This promotion is subject to change at any time without prior notice.
