February 8, 2023

Author: The Link Between

Putting some money away for the future is always a sound idea. However, with so many investment opportunities, some of which may require you to pay tax on the investment income earned, which one is the right fit for you and your savings goals today?

Tax Free Savings Accounts (TFSAs) and Registered Retirement Savings Plans (RRSPs) are both available savings tools and can house many of your investments while helping to defer or reduce your tax obligations. But there are a few things to consider…

Watch this video to learn more about both of these savings vehicles, including eligibility, contribution limits, tax considerations and more!

And if you have any questions, please do not hesitate to contact our office.

Click here to watch the video

Mutual funds, approved exempt market products and/or exchange traded funds are offered through Investia Financial Services Inc.

The comments contained herein are a general discussion of certain issues intended as general information only and should not be relied upon as tax or legal advice. Please obtain independent professional advice, in the context of your particular circumstances. This blog was prepared by Jason Desaulniers who is a Investment Funds Advisor at Excalibur Executive Planning Inc., a registered trade name with Investia Financial Services Inc., and does not necessarily reflect the opinion of Investia Financial Services Inc. The information contained in this presentation comes from sources we believe reliable, but we cannot guarantee its accuracy or reliability.