Invest in Your Future: Explore BCU Financial’s Investment Options

Hey, Canadian Ukrainians! Looking to grow your money and make sure your financial future is set?

Whether you're dreaming of a cozy post-work life, looking to give your kid a high-level education, or can’t seem to save up for that Hawaiian vacation, Buduchnist Credit Union has your back.

With a variety of BCU Financial’s investment options, there’s something for everyone. Let’s dive into how you can start investing with us!

What is Your Money Working For?

So, what's on your financial wish list? A new home, college tuition, or a nice cushion for a past-job period? Having a solid investment plan is the first step for whatever you're aiming for. At bcufinancial.com, we make investing easy and tailor it to fit your needs.

Guaranteed Investments

Guaranteed investments are the way to go if you like knowing exactly how much you’ll earn. These options give you a fixed rate of return, so no surprises!

• Term Deposit: Got $1,000 to start? You can lock it in for 30 to 364 days with a term deposit. It offers a safer way to grow your money than a standard savings account. This option could be perfect if you aim to buy a new gadget soon.
• Guaranteed Investment Certificate (GIC): Want to think long-term? A GIC lets you invest from one to five years, just like a term deposit, but with better returns.
• Tax-Free Savings Account (TFSA): Imagine your savings growing tax-free! A TFSA lets you do just that. Save money, earn interest, and don’t pay a dime in taxes on what you earn. It's like having a money tree in your backyard that the taxman can't touch.

Education

Looking for ways to afford your child's education? Start investing with our education-targeted savings options today. The sooner you start, the more you save!

• Registered Education Savings Plan (RESP): Want to give your kids a head start? An RESP is perfect. You save money, it grows tax-free, and the government kicks in extra cash, too. It’s like getting a bonus every time you prepare financially for your child’s ambitions.
• Canada Education Savings Grant (CESG): Who doesn’t love free money? For every dollar you save in an RESP, the government adds 20 cents, up to $500 annually. It’s an easy way to boost your child’s education fund.
• Canada Learning Bond (CLB): If your family qualifies, the government starts you off with $500 and adds $100 yearly to your RESP. That’s up to $2,000 to encourage your child’s academic choice!

Retirement

Are you dreaming of the day you can kick back and relax? Our post-work life plans help you save now to enjoy life later.

• Registered Retirement Savings Plan (RRSP): Want to save on taxes today and build a nest egg for tomorrow? An RRSP is your best friend. By retiring, you’ll have a nice little pile of cash waiting for you.
• Registered Retirement Income Fund (RRIF): When golden tears finally arrive, turn your RRSP into an RRIF to start receiving regular income. It’s like getting a paycheck during retirement without the work!
• First Home Savings Account (FHSA): Excited about getting your first home? Start saving with a FHSA. You get tax breaks on your contributions; when you're ready to buy, withdrawals are tax-free.

Ready to take the next step? Explore BCU Financial’s investment options and watch your dreams become reality!