Retirement Planning

Prepare For Tomorrow, Make The Most Of Today

Give your savings the opportunity to grow.

For Individuals

TISP and ETISP

The Republic Tax Incentive Savings Plan (TISP) is an approved deferred annuity plan. It is a flexible retirement investment plan that provides a conservative, convenient and systematic method for an individual to accumulate cash for future needs, while at the same time enjoying attractive returns and significant annual tax benefits.
While ETISP is quite similar, this plan further enhances the potential investment returns through a portfolio of primarily equity securities.

For Corporate

CTISP and CETISP

The Republic Corporate Tax Incentive Savings Plan (CTISP) is design under the provision of the Income Tax Act of Trinidad & Tobago 134(6). This provision allows the earnings of an employee, which are categorised as bonus and allowance, to be paid – without being taxed – by the employer into the plan for the purpose of generating retirement benefits for the employee.
Employers are allowed to contribute directly to the plan on behalf of their employees up to a maximum of the greater of 33 1/3 of the employee’s chargeable income or 20% emolument income net of contributions to other plans.
All contributions made to CTISP / CETISP can only be made by the Employer and are fully tax deductible.
CTISP strategy is the similar to TISP listed above and Corporate ETISP is similar to the ETISP listed above.

Features & Benefits

Your long-term retirement goals are now possible. Start early, save on taxes, and watch your money grow so you can enjoy tomorrow.

Who Should Invest In These Plans?

You should invest in this plan if you are:

At least 18 years old.
Interested in a long-term investment.
Building a retirement nest egg.

Plan Performance

The Trust Deeds, Disclaimer and other legal documentation should be read in its entirety before investing in these plans and are available for viewing at our branches.

Frequently Asked Questions (FAQs)

What are the TISP and CTISP investment objective?

The objectives of TISP and CTISP are:

To achieve long-term growth primarily through income and capital appreciation in order to provide investors with returns that will assist in meeting their retirement goals.
The assets are invested in a diversified portfolio of debt securities along with some equities to assist with combatting the effects of inflation over the long-term.

What are the ETISP and CETISP investment objective?

The objectives of ETISP and CETISP are:

To achieve long-term growth primarily through income and capital appreciation in order to provide investors with returns that will assist in meeting their retirement goals.
It seeks to improve long-term investment returns by investing primarily in equity securities.

What is the difference between TISP and CTISP?

TISP provides individuals with the opportunity to save towards their retirement, whilst benefitting from reducing their tax payments. Whereas CTISP allows companies to make contributions on behalf of their employees to enhance their pension benefits.

What is the difference between ETISP and CETISP?

ETISP provides individuals with the opportunity to save towards their retirement, whilst benefitting from reducing their tax payments. The plan allows individuals to achieve potentially higher long-term investment returns through a larger allocation to equity securities. Whereas CETISP allows companies to make contributions on behalf of their employees to enhance their pension benefits. The plan potentially achieves higher long-term investment returns through a larger allocation to equity securities.

What is the minimum I can invest?

You can invest with as little as $100 monthly.

Where can I get more information on the Fund?

To get more information, you can make an appointment with one of our Financial Advisors or click to view our Resources page.

For the full list of FAQs, click here.