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Home > Investments > Retirement – RSPs and RIFs > RSP Investment Options
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Retirement – RSPs and RIFs
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RSP Investment Options

Learn more about your options for retirement investment planning:

BMO RSP Premium Rate Savings Account
An investment option offering flexibility and security while ensuring your money earns a premium rate of interest:

  • Transfer your entire balance – or just a portion – at any time with no interest penalty.
  • Invest almost as little or as much as you want, or arrange a Continuous Savings Plan that spreads your contribution over the year.

Currency

Canadian dollars

Term

Not applicable

Cashability

Fully or partially cashable at any time, or transferable to another BMO investment.

Interest payment options

Interest is calculated on daily closing balance and paid monthly.

Minimum investment amount

$50 to a new plan; $25 to an existing plan

Registered plan eligibility

Only eligible for RRSP. (Non-registered Premium Rate Savings Account also available.)

Available to business banking clients?

No

View Current Rates

View current Canadian dollar rates

You may also be interested in a non-registered Premium Rate Savings Account, available in both Canadian and U.S. dollars. (Not available to business banking clients.)

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BMO GICs
GICs (Guaranteed Investment Certificates) offer the combined benefit of principal protection and growth. They also offer safety for your initial investment, stability of interest rate returns, predictable income, and access to higher, market-linked return potential.

These tools can help you determine which BMO GICs are right for you:

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BMO Mutual Funds
A wide selection of well-diversified, professionally managed mutual funds including:

Investing in BMO Mutual Fund provides the following benefits:

  • Professional management
  • Diversification
  • Ease and convenience
  • Opportunity for higher returns
  • No-load fees for purchases, switches and redemptions

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Getting help with your Retirement Investment Planning

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