Pre-Authorized Contributions

Right for you if:

  • You want to make automatic contributions to your savings plan
  • You want to build the foundations for your retirement without hampering your regular financial commitments
  • Compound savings Watch you savings grow with automatic contributions.
  • Avoid the last-minute scramble Don't miss-out on maximizing your annual contributions. Make regular contributions.
  • Pay less tax now Notify Revenue Canada of your regular contributions so they can instruct your employer to deduct less income tax from each paycheque. Get a Tax Deduction Waiver from your local tax office or your Scotiabank branch.
PLUS:

By investing a fixed amount on a regular basis, you can effectively lower the average cost of your investments versus lump sum investing.

Set Up Your Pre-Authorized Contribution

Growing your savings is easy with pre-authorized contributions. Automatically and regularly deduct a specified amount of money from your chequing or savings account and deposit it directly into your Scotia RSP or RESP (or, also if you prefer, into your non-registered account).

Ready to get started?

  • Phone Call one of our Personal Investment Advisors 1(800)268-9269 Mon-Fri (8am-8pm)
  • In Person Make an appointment at your local branch Find a local branch
  • Online Set up your contribution with Scotia OnLine Apply Today