The simple way to build your RRSP

You already know about some of the possible advantages of building an RRSP – income tax refunds and compounded, tax-sheltered growth for your investments. But did you know there is an easy way to build your RRSP?

It's called RBC Royal Bank RSP-Matic^®. It lets you make automatic RRSP contributions so you can enjoy:

• Certainty. With RSP-Matic, you are contributing to your RRSP regularly – so you won't have to scramble to come up with the money at the RRSP deadline.
• Convenience. Your RRSP contributions are automatically debited from your chequing or savings account, even if that account is at another financial institution. So your contributions take care of themselves.
• Growth. Contributing on a regular basis can help you build your portfolio faster.
• Flexibility. You can contribute monthly, bi-weekly and weekly. Plus you can change your contribution schedule and amount – even stop and restart your contributions – at any time with a phone call.
• Dollar-cost averaging. A fixed dollar amount is invested on a regular basis during all types of types of markets. This disciplined strategy helps investors escape trying to calculate the right time to buy and instead stay focused on the long term.

As well, having an RRSP helps you to save for the future on a tax-sheltered basis. The sooner you start, the more you can benefit. So take advantage of the easier way to build your RRSP.

Call 1-800-769-2511 or visit your local branch to start an RBC Royal Bank RSP-Matic today.