RRSP Online
Welcome to RRSPs Online. Westoba Credit Union is excited to offer another great service to our members. You now have the opportunity to purchase your RRSPs from the comfort of your home.
Not a Westoba CU Member?
If you are not presently a member of Westoba Credit Union and would like to know more about our products and services, call our TeleService Centre at 571-2928 or toll free at 1-877-937-8622 and a TeleService Representative would be happy to assist you. You may also visit any of our branches. For our branch locations, click here.
Details for our members who presently have a Westoba RRSP
If you currently have RRSPs with Westoba Credit Union, additional deposits may be made using our online "RSP-Deposit Form" and the "Investment Details" portion. Simply complete the necessary information, indicate which account the funds are to be taken from, and which product type deposited to. Your information is received by our TeleService Centre and they will acknowledge your request with a return email.
Details for our members who do not presently have a Westoba RRSP
If you have not invested in RRSPs previously with Westoba Credit Union, you must first read the Declaration of Trust. To apply for a Westoba RRSP you must complete the "Application" form, then the "Investment Details" form indicating which account the funds are to be taken from, and which product type deposited to. Your information is received by our TeleService Centre and they will acknowledge your request with a return email.
Once all necessary information is received and verified, the financial transaction will be processed. Westoba Credit Union will make every attempt to contact you in the event necessary information is missing or lacking. If for some reason we are unable to contact you, the transaction will not be processed.
Online RRSP Contributions for the 2008 taxation year must be received by midnight (CST), March 2, 2009.
IMPORTANT RRSP POINTS
"Annuitant"
The annuitant is the owner of the RRSP.
"Contributor"
The contributor is the person who contributes to the plan and claims a deduction on their tax return.
"Non-Spousal RRSP"
In a non-spousal RRSP the annuitant and contributor are the same person.
"Spousal RRSP"
In a spousal or common-law partner RRSP the annuitant spouse is the contributor.
When purchasing a Non-Spousal or Spousal RRSP, it is very important to understand this distinction. In either case, the "RSP Application" must be completed by the annuitant.
"RSP Beneficiaries"
If you would like to designate a beneficiary on your RRSP or make changes to an existing beneficiary, you must attend a branch.
If you have any questions about RRSPs Online, email your question to infowcul@westoba.com or call our TeleService Centre at 571-2928 or 1-877-937-8622 and our qualified staff will be happy to help.
To continue, select the "Accept" button and complete your RRSP online.
