GROW YOUR MONEY,
TAKE ONE STEP...
Don't Just Save;
Do Invest You Savings.
RRSP-Registered Retirement Saving Plan
Registered Retirement Saving Plan (RRSP) is a tax deferred invest for your retirement. When you plan and invest your RRSP in right funds, you can earn very good rate of return. Schedule an appointment for more information.
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Pay less tax for your current year income.
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The income you earn is tax seltered and allow it grow faster and help you gain tax advantages when you withdraw after retirement.
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Helps you buy your first house without penalty.
TFSA-Tax Free Saving Account
Tax free saving account, where your investment grow tax-free and can be withdrawn tax-free
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Investment in TFSA is restricted by government. At present the limit is 6000 CAD per annum.
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The investment limit carry forward from 2009. So if you were 18 or older in 2009 and not invested, you can utilize the sum of amount till present year.
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Unlike RRSP, you can contribute as long as you can and also you can withdraw when you need.
Segregated Funds
Like mutual funds, Segregated funds are market-based investments.However Seg funds are insurance based contracts, it provides certain benefits over mutual funds.
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Segregated fund contracts guarantee 75% to 100% of your premiums (less withdrawals) when the contract matures, or on your death.
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Money invested in segregated funds contracts may also be protected against seizure by creditors. This can be a big advantage for business owners and professionals wanting to protect against an unexpected lawsuit or bankruptcy
RESP-Registered Education Saving Plan
Registered Education Saving Plan is the investment for your child's education.
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RESP is a tax sheltered investment for your child's secondary or university education.
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Grow your investment with Canada Education Saving Grant, Canada Learning Bond and other government grants and bonds.
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Government contribute unto 20% to a certain maximum limit. For more information, please schedule a free information session.
