Make monthly RRSP contributions

Save once a month instead of once a year.



Online only.


An automatic monthly savings plan is easier and more realistic than hoping you have funds left over at the end of the year.

2 comments on “Make monthly RRSP contributions

  1. What I find disappointing about videos like this that discuss monthly RRSP contributions is that they don't address the fact that self-directed RRSPs that do not make use of expensive managed funds are essentially locked out of monthly contributions by the excessive per-trade fees associated with most Canadian brokerages.


    • If you're into passive investing then try using TD e-series index funds for your TFSA and RRSP. You can set-up weekly, biweekly, monthly and even quarterly contributions without extra fees and the average MER for a couch potato portfolio is only 0.42%.

      However, if you're looking for ETFs then some brokerage firms offer synthetic DRIPs for some of their funds.


Leave a comment

Your email address will not be published. Required fields are marked *