MemberDirect MyLSM Interest Rates Home Mortgages Investing Calculators Contact Us RETIREMENT SAVINGS PLAN How can I save for my retirement? Invest in a League Savings and Mortgage RSP. Your contributions, within legislated limits, are tax deductible. Interest earnings within your plan are not taxable until you withdraw them. Compound interest means your retirement savings grow quickly. GET STARTED TFSA RSP RIF LIF LIRA HOW DO I GET STARTED WITH A RSP? RSP OPTIONS Variable Rate RSP Plan Equivalent to a savings account, with the ability to lock into a term at any time. A good choice if you may require use of your funds soon, or are not comfortable locking-in for a fixed term. One Year Redeemable RSP Minimum deposit $500 A one year deposit, redeemable after 30 days without penalty. Your principal and interest are guaranteed making this an ideal product to reach your short-term goals. Fixed Rate RSP Plan Minimum deposit $500 Similar to a GIC. You choose a fixed term of 1 to 5 years and the interest rate is guaranteed for that term. An excellent choice if your goal is maximum growth of your retirement fund! Pre-Authorized Deposits Minimum deposit $25 Maximize your money by depositing your RSP contribution weekly, bi-weekly or monthly. The contributions will be invested in our Variable Rate Plan until the balance reaches $500 and can be switched to the Fixed Rate Plan upon request. LOOKING FOR MORE INFORMATION ABOUT RSP’S? Contact us for information on the following special RSP features: Spousal RSPs Group RSPs Home Buyers’ Plan Transferring an existing RSP from another institution Transferring your severance pay or pension funds to RSP Ask for information on transferring an existing RSP from another institution. At League Savings and Mortgage our qualified staff will be pleased to discuss any aspect of your retirement savings plan and explain our RSP features and options in more detail. League Savings and Mortgage Company Address: 6074 Lady Hammond Road Halifax, Nova Scotia B3K 2R7 Phone: Local (902) 453-0680 Toll Free (800) 668-2879 Email: lsmhalifax@aclsm.ca Residential Mortgages Phone: Toll Free (833) 204-7532 Fax: Toll Free (833) 204-7533 Email: lsm@lenderservices.ca Investments Phone: Local (902) 453-4220 Toll Free (800) 668-2879 Fax: Local (902) 454-3116 Toll Free (866) 860-3116 Email: lsmhalifax@aclsm.ca Commercial Mortgages Phone: Local (902) 453-4220 Toll Free (800) 668-2879 Fax: Local (902) 453-4006 Toll Free (800) 304-6313 Email: commercialadmin@aclsm.ca © League Savings and Mortgage Company, 2020 Privacy | Legal | Glossary | Contact Us