If you are looking for a good investment idea then RRSPs is one of them. For more investment ideas and insurance plans visit Discovery Insurance Services or Call (250) 592-4887.

1. Is RRSP a better way of Investment?
If you have not invested yet and looking for a good investment option then RRSPs is one of
the best way to invest in. It is a good tax saver scheme for your retirement plan as the
contrubutions are tax deductible.
Actually RRSP (Registered Retirement Savings Plan) is not an investment but it’s a
way of registering an investment which allows you to deduct the same from your taxes.
One more benefit of RRSP is that, an account holder can withdraw amount or assets at any
stage of life.
Types of RRSPs:
a) Individual RRSP
b) Spousal RRSP
c) Group RRSP
d) Pooled RRSP
There are varied choices available to the end user and it is bit complicated too. But don’t
get confused and let Phil Edney, Director of Financial Services, analyze the situation and
suggest a best scheme suitable to you.
For Insurance or other investment ideas, Visit here @Discovery Insurance Services or call
Phil anytime. Our service operations open on Sunday as well between 11:00 AM to 5:30
PM.
#26-1644 Hillside Ave.
Victoria, B.C. V8T 2C5
Tel: (250) 592-4887
Toll Free: 1-888-567-9555
Fax: (250) 592-4099