Most parents want to see their children go to college or university. A Registered Education Savings Plan (RESP) can help make that dream come true.
You will be invested in professionally-managed portfolios whose asset mix evolves to reflect your time horizon and we’ll help ensure you take advantage of all available government grants. All you have to do is share some basic information about your child such as their date of birth and social insurance number.
Since January 2009, the TFSA has allowed any Canadian resident 18 years and older to save up to $5,000.00 a year Tax-Free. Here are a few key features of a TFSA:
As the next generation of tax shelters, the TFSA has the potential to change the way Canadians manager their savings and income plans. With a TFSA you have the opportunity to save, grow and access your money; at any time; for any purpose; tax-free for life. Whether you want to shelter the growth of your investment from taxes or need ore tax-free income to elevate your lifestyle, the TFSA can work for you regardless of your age group, tax bracket or financial plans.
If you have not already done so, please give us a call to discuss setting up a new account or transferring an existing account from another institution to your account with us currently.