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A smarter way to save for your future.
Grow your investments on a tax-deferred basis and choose from a wide range of savings and investment products, including our Daily Interest Savings Account, Investment Savings Account, Term Deposits, MarketTracer® Term Deposit* and mutual funds.**
How would you like to start saving?
A Registered Retirement Savings Plan (RRSP) allows you to create a custom portfolio of investments to save for your retirement. Contributions are tax-deductible and grow tax-free until they’re withdrawn from the plan.
A Tax-Fee Savings Account (TFSA) lets you grow your money and withdraw funds tax free. You can set up auto-transfer to a TFSA to build your funds faster, or you can conveniently transfer funds through online or mobile banking.
A Registered Education Savings Plan (RESP) is a great way to save for your child’s education. The earnings on investments are tax-sheltered until withdrawn, when they are taxed in the hands of the student. Plus, the government tops up your savings by providing a Government Education Savings Grant based on a portion of your annual contributions.
Are you turning 71? Government regulations require you to convert all your Registered Retirement Savings Plans (RRSPs) to a retirement income option during the year you turn 71. You may also choose to convert RRSP funds any time before you turn 71. A RRIF is a popular retirement income option as it can be invested just like an RRSP and continues to earn tax deferred interest on the balance, even while you are regularly withdrawing funds from the principal.
Note: When you make an RRIF withdrawal from Alterna Savings, we always ensure the payment is withdrawn from your investment with the lowest interest rate (something not all financial institutions take into consideration).
Ways to Invest
Our advisors can help you purchase or renew your investments over the phone or in branch so you can achieve your financial goals.
Our advisors provide access to comprehensive, customized financial management built through integrity, ethics and responsibility.
Bank anywhere with our online banking options. Buy or renew GICs/Term Deposits online or set up transfers.
Tap into timely insights and tools to invest with confidence in all market conditions with Qtrade® Direct Investing TM.
Raising a Retirement Fund
It's never too early or too late to start saving for retirement. Learn more about how you can ensure the financial future you want.
RRSP, TFSA and RESP – Where You Should Invest Your Money
RRSPs, TFSAs and RESPs are all great savings tools to help you plan for the future. We can help you figure out which one is best for you.
A Pocket Guide to TFSAs and RRSPs
You’ve heard of both a Tax-Free Savings Account and Registered Retirement Savings Plan. Here are the key differences between these two accounts.
You may also need...
Investment Savings Account
A high-interest savings account that helps you reach your savings goals faster.
Whether you’re looking to buy a home, searching for a better mortgage rate or renew an existing mortgage, we have the right solution for your particular needs.
MarketTracer® Term Deposit
Looking for a safe investment with the potential for higher returns? Alterna’s MarketTracer® Term Deposit provides the security of a term deposit, but the return is based on the performance of an underlying index or basket of securities.
Alterna Wealth can help manage your investments so you can build, strengthen and preserve your wealth.
A tax-free savings account (TFSA) is so much more than a regular savings account. Your savings grow tax-free, and you can use it to hold a variety of investments. Open one today to help you reach all of your savings and investing goals.
How can we help?
*MarketTracer® Term Deposits are not eligible to be held under a RRIF plan.
**Mutual funds and other securities are offered through Credential Securities, a division of Credential Qtrade Securities Inc. Credential Securities is a registered mark owned by Aviso Wealth Inc. Mutual funds are offered through Qtrade Asset Management (a tradename of Credential Asset Management Inc).
Your financial well-being comes first
Welcome to a better way to bank. Our knowledgeable team puts your financial well-being first with good, caring and transparent advice while offering all the products and services you need.
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