The original Catch-Up Loan is back. Every year, you resolve to catch up on your unused RRSP contributions. Next thing you know March 2nd rolls around, and the money’s just not there. Sound familiar? Don’t worry, ’--you'ré in the same boat as most Canadians. Consider the Scotia RRSP Catch-Up Loan. Of course you'd rather not borrow. But this is borrowing to save. The idea is to do this once, so you can catch up and keep up. Thanks to a little help from the taxman, it really works. Do the math for yourself, You'll come to the same conclusion thou- sands did last year. Our Scotia RRSP Catch-Up Loan offers an affordable way to turn back time and take advantage of up to 7 years of unused RRSP contributions. You get a tax break, plus sheitered growth in your RRSP. It all adds up to a more comfortable retirement down the road. If you’re not sure how much con- tribution room you have, do yourself a favour, pull out your tax assessment from last year and take a quick look. investment ideas to breathe | SCOTIA RRSP CatcH-Up LOAN (Here’s a quick math version as an example, just to get you thinking.) 1. Borrow $15,000. (Or as much as $50,000 at rates as low as Scotiabank Prime.) 2 GET BACK $6,000 ON YOUR TAX RETURN AND PAY DOW'N YOUR LOAN. (Assumes a 40% tax bracket. Yours might be different.) 3. Pay BACK $170/MONTH. (Seem possible? If need be, you can take up to 15 years to repay.) 4. WATCH YOUR RRSP GRow TO $20,996 IN 5 YEARS AND 4 MONTHS, WHEN YOUR LOAN IS PAID OUT. 5. IN 25 YEARS, YOULL HAVE $72,415. (Here comes the fine print. The example The Scotia Excelsior: Funds. A tuil range of 21 no-load diversified mutual funds. We have industry- recognized top performers and we'll help you decide which ones are right for you. The Scotia Leaders” Program. Two exclusive portfolios of 5 leading funds each, frem companies like AGF and Trimark, that are scientifically selected and monitored for you. if a fund underperforms it’s utomati- cally replaced. One portfolio offers Canadian mutual fund, equities, the other has global equities. GICs with Guts. Scotia Stock-Indexed GICs allow you the potential for stock market-styie returns from the safe haven of a GIC. Your principal is always guaranteed. What's right for you? Call us today, we'll help you figure it out. This year we offer you the added convenience of applying for your Scotia RRSP Catch-Up Loan or making your RRSP contribution by simply picking up the phone and speaking to one of our specially-trained represen- above is based on the following assumptions.) 1) - Loan is amortized over 10 years and is subject to applicable credit criteria. Loan rate over the life of the loan is calculated based on 6.5%, Scotiabank's 5-year average Prime rate. Rate is fixed for each term of the loan, 2) - Tax refund is used to pay down principal at the fourth month. 3) - RRSP investments earn an average annual compound return of 6.5% in a diversified portfolio. tatives. We aiso offer full and discount brokerage services. As you can see, there's a !ot you can do about your RRSP. But doing nothing is the worst idea of all. Whatever your RRSP needs we're here ready to help you make the most of your retirement. Come into your nearest Scotiabank or National Trust branch, or call us today. some life inte your retirement fund. Let's say you decide that a Scotia RRSP Catch-Up Loan is what's right for you. What should you do with your contribution? How will you achieve the diversification needed to make the most of your dollars? Here are a few ideas to get you started. 1-800-575-8888 www.scotiabank.ca . a scotiabank 2 What’s right for you?™ ®Registered trade-marks of The Bank of Nova Scotia. Scotia Securities Inc. is an authorized user of the trade-marks. ' Trade-marks of The Bank of Nova Scotia. The Scotia Leaders Program is offered exclusively by Scotia Discount Brokerage Inc, and ScotiaMcLeod Inc. and are entities separate from, though wholly owned by The Bank of Nova Scotia. Scotia Discount Brokerage Inc. and ScotiaMcLeod Inc. are members of CIPF. * Registered trade-mark of Montreal Trust Company. The Bank of Nova Scotia and Scotia Securities Inc. are authorized users of the trade-mark. Important information about Scotia Excelsior Funds is contained in the Funds’ simplified prospectus, a copy of which should be obtained at Scotiabank branches and should be read carefully before investing. Unit values and investment returns will fluctuate.