Investing can be easier than you think
We believe that selecting the right investment strategies is one of the most important financial and estate planning decisions you'll make. And, we have the experience and a wide selection of products to help you sort through an often confusing array of options. It would be our pleasure to answer any of your questions and work with you to develop the right investment and retirement strategy that you need
- Mutual Funds
- Segregated Funds
- RRSPs, RRIFs, RESPs, and TFSAs
- GICs
- Guaranteed Income Funds
- Investment Loans & RRSP Loans
- Banking Products
- Annuities
- Individual Pension Plan (IPPs)
- Principal Protected Notes (PPNs)
Registered Retirement Savings Plan (RRSP) or Tax-Free Savings Account (TFSA)
Two tax-efficient programs that encourage saving for the future.
From a wealth-accumulation perspective, both an RRSP and a TFSA uphold the general idea that the more money you can set aside, the more you’ll have to invest and potentially grow your savings.
Child-care costs can save you tax - now more than ever!
Click here for the information.
Here is the complete RESP Investor Guide.
Registered Retirement Income Fund (RRIF)
A RRIF is a fund you establish with a carrier and that is registered with the Canada Revenue Agency. You transfer property to the carrier from an RRSP, RPP, or from another RRIF, and the carrier makes payments to you. Establishing a RRIF can be done at anytime, but must be done no later than the year the annuitant turns 71. Once a RRIF is established, there can be no more contributions made to the plan nor can the plan be terminated except through death.
You can have more than one RRIF and you can have self-directed RRIFs. The rules that apply to self-directed RRIFs are generally the same as those for RRSPs.
For more information, please contact us.
Source: Canada Revenue Agency
Tax-Free Savings Account (TFSA)
The Tax-Free Savings Account (TFSA) allows Canadians, age 18 and over, to set money aside tax-free throughout their lifetime. Each calendar year, you can contribute up to the TFSA dollar limit for the year, plus any unused TFSA contribution room from the previous year, and the amount you withdrew the year before.
The annual TFSA dollar limit for 2017 is $5,500.*
All income earned and withdrawals from a TFSA are generally tax-free. Plus, having a TFSA does not impact federal benefits and credits. It's a great way to save for short and long-term goals.
To learn all the facts, please contact me.
* For more information, please visit Canada Revenue Agency's TFSA website.
What is an Annuity?
An annuity is a plan that makes payments to you on a regular basis. Types of annuities include general annuities, payments from a Registered Retirement Income Fund (RRIF), or variable pension payments. These payments are part of your total income and are reported on your tax return.
To learn all the facts about annuities, please contact us.
All about RESPs
The Basic Canada Education Savings Grant (and other government grants) and tax-deferred growth make RESPs an attractive way to save for the rising cost of a child's education. Learn more.