Sun Life

Sun Life makes saving more rewarding

Earn up to $500*

Plus, we'll cover up to $150 in transfer fees*

Act fast. This offer expires on January 31, 2020

Learn more

We want to help you reach your goals

Saving money, whether it's for retirement or a short term goal, offers many rewards. Now you can earn an extra bonus when you make a contribution to your self directed account.

Take advantage of a $500 bonus*

A bonus of When you deposit/open an account with
$500 $100,000 and above
$300 $50,000 to $99,999
$100 $25,000 to $49,999
$0 $10,000 to $24,999

Plus we'll cover up to $150 in transfer fees.

Talk to your advisor today to see how Sun Life makes saving more rewarding.

Don't wait – this offer ends January 31, 2020.

Don’t have a Sun Life Financial advisor? Find one near you.

RRSP or TFSA? Which is right for you?

Which is the better way to save for the future and get a tax break: an RRSP, a TFSA – or both? Comparing the two can help you decide.

An RRSP is perfect if…

• You are looking for a long term savings plan to help you prepare for retirement

• You hope to receive an immediate tax deferral. RRSP contributions are deductible on your annual tax return, allowing you to get a tax deferral right away. You’ll only be taxed on your earnings when you make a withdrawal down the road.

A TFSA is grand when…

• You have short-term savings goals or don’t have contribution room in your RRSP.

• While you don’t get immediate tax savings, in the long run, you won’t have to pay taxes on the principal or earnings when you make a withdrawal.

Need help deciding whether a TFSA or RRSP is right for you? Talk to your Sun Life Financial advisor.

Don't have an advisor? Find an advisor near you.