Between now and the March 1st RRSP deadline, many of you will contact us to top up your RRSP. To make a purchase, you can call, e-mail or schedule a meeting with us.
Here are the various ways you can fund your RRSP account:
1: Pre-authorized debit (PAD): If we have your banking information on file, the funds can be taken directly from your chequing account. PADs take a few extra days to setup, but we can use this method right up until deadline day. As long as the request is submitted by the deadline, the investment companies will code the purchase as a first 60-day contribution, even if the funds come out of your account afterwards.
2: Cheque: You can mail or drop-off a cheque to our office.
3: Bill payment (nominee accounts only): If you have a nominee RRSP, you can fund your account with a bill payment with your financial institution’s online banking platform. The payee is Fundex Investments and the account # will be your RRSP account number (it starts with an N and contains 9 digits).
You will also need to sign an order entry form to make the purchase. Contact us anytime for more information.
This information is provided for general information purposes only. It does not constitute professional advice. Please contact a professional about your specific needs before taking any action.