Horizon Credit Union can help you meet your Retirement Financial goals. We offer a special rate RRSP Loan for those who wish to make a contribution to their Registered Retirement Savings Plan but may not have the cash available. This allows members to benefit from investing into a tax sheltered investment until later in life when they withdraw the funds, at a reasonable cost in loan interest. It helps them save for their retirement financial needs and lowers their current taxable income, saving them tax dollars today allowing the investment to grow.

Top Up RRSP Loan

Our Top Up RRSP Loans are for those who have RRSP eligible contribution room. Our Top Up loans allow members to make contributions to their Registered Retirement Savings Plan from unused RRSP contribution room they have accumulated in previous years. They may have up to 10 years to repay the loan depending on the number of years of unused RRSP room they have. This will give members opportunity to invest in a tax sheltered investment now, letting tax dollars they would normally have paid grow and work for them.