Registered Retirement Savings Plan

The best time to start saving - is now.

Registered Retirement Savings Plan (RRSP)

  • Registered Retirement Savings Plans (RRSPs) should play an essential role in your long-term financial plan, no matter where you are in life.
  • Sunrise Credit Union has a range of RRSP options that guarantee a solid return. Our knowledgeable staff can help you determine what products and services to use based on your age, income potential, risk tolerance, and long-term goals.
  • You can carry forward the RRSP contribution room that you are unable to use in any particular year. In addition, you can carry unused contribution room ahead indefinitely - well, at least until you turn 71 years of age and can no longer have an RRSP account.
  • The RRSP contribution limit for the 2024 taxation year is 18% of earning income you reported on your tax return in the previous year, up to a maximum of $31,560.
  • You can claim RRSP contributions made during the first 60 days of 2025 as a deduction from income for the 2024 taxation year. The deadline for 2024 contributions is Monday, March 3, 2025.
  • RRSP contributions received after March 3, 2025, are not eligible for deduction for the 2024 taxation year.

Sunrise Credit Union has a range of RRSP options that guarantee a solid return. Our knowledgeable staff can help you determine what products and services to use based on your age, income potential, risk tolerance, and long-term goals.

Click on the link below to discuss your RRSP options with a Sunrise Advisor.

Advisor

Ready to Get Started?

Our experts are here to offer you guidance and 
trusted advice.

Resources

 Tools and Resources