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Tue, February 28, 2012

BMO Reminds Canadians They Have Less Than 48 Hours to Make a 2011 RRSP Contribution


Published on 2012-02-28 03:40:21 - Market Wire
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February 28, 2012 06:00 ET

BMO Reminds Canadians They Have Less Than 48 Hours to Make a 2011 RRSP Contribution

- Midnight, February 29th is the deadline for contributing to an RRSP

- BMO offers multiple options for Canadians looking to contribute

- BMO media spokespeople available to provide last-minute RRSP advice

TORONTO, ONTARIO--(Marketwire - Feb. 28, 2012) - BMO Financial Group reminds Canadians that they have less than 48 hours to make a contribution to a Registered Retirement Savings Plan (RRSP) in order to take advantage of valuable 2011 tax breaks.

BMO has multiple options for those interested in building their retirement savings. People can:

  • Visit a local BMO Bank of Montreal branch to contribute in person
  • Call 1-800-665-7700 to make a contribution over the phone
  • Visit [ www.bmoinvestorline.com ] to contribute online until 11:59pm ET (for cash contributions)

"Securing your retirement is a critical component of your overall financial plan," said Caroline Dabu, Vice President, Retirement & Financial Planning Strategy, BMO Financial Group. "If you haven't already done so, make an RRSP contribution before the deadline, regardless of the amount. Making small contributions on a regular basis can make a big difference to your retirement savings over the long term."

BMO has financial experts in every region available for last-minute RRSP interviews and wrap-up stories. They can provide investment expertise and advice on a number of topics, including:

  • Top last-minute RRSP investing tips
  • RRSP advice for small business owners
  • What investment vehicles to include in your RRSP portfolio
  • Determining how much to save for retirement
  • Using your RRSP refund to invest in a TFSA

For more information, please visit [ www.bmo.com/retirement ]

Get the latest BMO press releases via Twitter by following @BMOmedia.



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