If you join as an individual, your fee for investment and custodial fees is 1.10% annualized. These fees are automatically withdrawn from your account each month and reflect approximate lifetime estimations (HST applies).
Transaction and processing charges are $25 per transaction for fund withdrawals, partial transfers out, and death and marriage breakdown processing. The fee is $75 for a full transfer out and $40 for non-sufficient funds (NSF) processing.
We don’t charge any fees to transfer existing RRSP or TFSA assets into the plan, although the financial institution a member is transferring out from may have fees associated with the transfer of those funds. Our My65+ fees are approximately 45% lower than the average Canadian pays to invest, helping your money grow faster than with traditional RRSPs.