Algoma Financial Services HomepageWelcome to Algoma Financial Services
About
News
Products & Services
Investment Services
Financial Planning
Retirement Planning
Estate Planning
RRSP's
RRIF's
RESP's
Investment Products
Insurance Planning
Mortgages
For Employers
Links
Contact Us
Algoma Insurance Group

Investment Services: RRSP's

RRSPs are an essential investment vehicle for individual retirement savings.

Maximum RRSP Contribution Limits

YEAR MAXIMUM RRSP CONTRIBUTION
2002 $13,500
2003 $13,500
2004 $14,500
2005 $15,500
2006 indexed thereafter

Calculation of Contribution Room

For 2003 tax year- 18% of 2002 earned income, to a maximum of $13,500, plus Carry-forward Contribution Limits from 1991 to 2001, less Pension Adjustment (PA) for 2001

Why Choose Algoma Financial Services?

Our advisors are continuously upgrading their knowledge and skills through professional education courses. In addition, we receive continued training from the financial companies we are associated with.

We are affiliated with a variety of financial institutions. We are aware of a broad spectrum of product options. By working with you, we can provide you with independent recommendations and customized solutions to meet your needs.

For an independent, no-charge review of your existing RRSP's, call or email us today!


A chequing account paying 4%?
Because a chequing account deserves to ...

IncomePlus
The first of its kind in Canada, GIF Select ...

Join our Mailing List
Enter your email address below to join our mailing list.


Algoma Financial Services | 201-855 Queen Street East | Sault Ste. Marie, ON | PH: (705)-949-1316 | Toll-Free: 1-888-525-4662
This website is intended for use by residents of the Province of Ontario.
Privacy