Saving for life projects

FOCUS ON:

BUYING A HOME

PLANNING A SHORT-TERM PROJECT

PLANNING FOR RETIREMENT

STUDYING

There are several benefits at your disposal to help you save for buying a home.

There are several benefits at your disposal to help you finance short-term projects.

There are several benefits at your disposal to help you plan for retirement.

There are several benefits at your disposal to help finance your education and personal development.

To help you focus, we highlighted the ones that are most directly tied to this goal.

Lifestyle

Personal spending account

Investing in yourself is the best investment you can make in life. With the Personal spending account, you can get a refund for educational and personal development activities – even if they aren’t related to your work!
- Education and personal development
- Finance-related apps, software or programs
- Estate planning, financial investment counselling and tax return preparation
Employee and family
assistance program

Consult the section Performance Development or the section My Performance and Development.
- Career orientation
- Professional development
- Legal services (e.g. property law)
- Financial services (e.g. budget, real estate, mortgage, retirement planning, etc.)

Discounts
- Travel and accommodations
- Home and auto insurance

Savings

Contributions

When investing with WSP, you benefit from advantageous management and transaction fees due to the size of our group. Additionally, WSP pays some fees related to your shareholder investments.

Planning a family trip or some major renovations for your home? Start saving now by using the tax-free savings account or the non-registered account.

WSP’s Benefits program give you access to many types of accounts to save for retirement. Which account should you use to save for retirement? It really depends on your personal situation! Make sure to consult your personal financial planner before making a decision.
- Investing for your projects
- Own It
Using your savings
- During employment
- Buying a home for the first time (Home Buyers’ Plan)
- Financing a full-time return to school for yourself or for your spouse (Lifelong Learning Plan)
Did you know that you can withdraw a certain amount from your RRSP, tax-free, to buy or build your first home through the Home Buyers’ Plan (HBP)?

Visit the Canada Revenue Agency’s website for more details.

Did you know that you can withdraw up to $20,000 tax-free from your RRSP to go back to school full-time through the Lifelong Learning Plan (LLP)? Visit the Canada Revenue Agency’s website for more details!

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