With over thirty years of industry experience, Savin Insurance has the know-how to help your investments flourish.
With our wealth-building registered and unregistered investment products, you can rest assured that your nest egg is ample and growing.
Call us today.
Registered Retirement Savings Plan (RRSP)
Retirement is coming sooner than you think. Are you ready?
A Registered Retirement Savings Plan (RRSP) is the most popular vehicle in Canada for saving for retirement. It is also a way to take advantage of its tax reduction benefit.
If you haven’t opened an RRSP account yet, now is the time!
Call us for more information on RRSPs, contribution limits, deadlines and related tax benefits.
Tax Free Savings Account (TFSA)
A Tax-Free Savings Account (TFSA) is an invaluable tool for saving money and building wealth tax-free. TFSAs are perfect for saving for non-retirement items like a new home, renovations, an investment property, your child’s education, or an emergency fund.
Contributions are not tax-deductible, with a maximum of $5,000 that can be contributed each year. If you need to make a withdrawal from your TFSA, that money is tax-free, and can be re-contributed in future years. Additionally, any interest or investment income earned on the account is tax-free.
Is a TFSA the best savings vehicle for you? Contact our office to speak to one of our Advisors.