RSP Guaranteed Investment Certificates
Wealth One RSP Guaranteed Investment Certificates (RSP GICs)
A wealth One GIC can be held in your Retirement Savings Plan (RSP). Enjoy the benefits of guaranteed growth plus the tax advantage of a RSP. Any income you earn in your RSP is tax sheltered until you withdraw funds from the registered plan. Start saving for the future!
Features:
- Market competitive rates
- Minimum deposit of $1,000
- Up to 5-year fixed term
- Non-cashable
- Interest is paid annually or at maturity
- Automatically renews into a new 6-month term GIC, unless otherwise notified
- Canadian dollar
Benefit:
- Steady, predictable interest income that is guaranteed and tax-sheltered
- Easy online view
- Your contributions are tax-deductible
- Eligible for Canada Deposit Insurance Corporation (CDIC) insurance