The Tax Free Savings Account, TFSA, is the best investment account.
Just consider: tax free growth, tax free withdrawals, and tax free transfer to a named beneficiary; that’s great tax planning, great retirement planning and great estate planning.
As it turns out, the TFSA is not the cash management/savings account it appeared to be in 2009 when it first became available. It’s now your best investment account and should be given careful consideration for your best growth investments.
Please call us if you want to talk more. Also, a good exercise is to check with Canada Revenue Agency, by phone or on their website, to determine your contribution room.
This memo was prepared solely by Terry and Patty Rempel who are registered representatives of FundEX (a member of the Mutual Funds Dealers Association of Canada and the MFDA Investor Protection Corporation). The views and opinions, including any recommendations, expressed in this memo are those of Terry and Patty Rempel. Bluestone Financial is a personal trade name of Terry and Patty Rempel.
