KHALSA CREDIT UNION CALGARY
OUR INVESTING SERVICES
KCU INVESTING SERVICE
TERM DEPOSITS
A term deposit is a fixed-term investment that includes the deposit of money into an account at a Khalsa Credit Union. Term deposit investments usually carry short-term maturities ranging from few months to few years and will have varying levels of required minimum deposits.
SECURITY
With term deposit , your initial investment is protected.
Flexibility
Term deposit give you the flexibility to decide what is right for you.
Peace of Mind
Term deposit give you the peace of mind with a guaranteed rate of interest for the term of your investment.
KCU INVESTING SERVICE
REGISTERED INVESTMENTS
It is a pooled investment vehicle used by individuals. Invest in your RRSP up to the annual limit and watch it grow with Khalsa Credit Union, tax-free. Get a tax break on any income you invest in your RRSP.
RRSP
A savings plan, registered with the Canadian federal government that you can contribute to for retirement purposes.
RRSP Benefits
With the federal government's Home Buyers' Plan, you can use up to $35,000 of your RRSP savings ($70,000 for a couple) to help finance your down payment on a home. To qualify, the RRSP funds you're using must be on deposit for at least 90 days. You must also provide a signed agreement to buy or build a qualifying home