Good news for RRSP contributors.
SPP (Saskatchewan Pension Plan), a defined contribution plan and is available to all Canadians, has increased its annual maximum limit to $6,000 from $2,500, subject to one’s available RRSP room.
Members can take advantage of the increased limit starting with the 2017 tax year.
Its performance for the past year on its Balanced Fund is a respectable 9.7%.
Another unique option over other RRSP plans is its method of contributions. Aside from normal fund transfers and deposits, it also allows for regular credit card (Visa or Mastercard) contributions.
Click on this link for more information – https://www.saskpension.com/
Note:: RRSP contribution deadline is March 1, 2018 for the 2017 tax year.