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The tax free savings account in Happy Valley-Goose Bay, NL

The tax free savings account in Happy Valley-Goose Bay is a new option in short-term saving that can save you from having to withdraw from your RRSPs prior to retirement. The TFSA or Tax-Free Savings Account allows you to save for something like a home, post secondary education or dream vacation, while still receiving great returns and the added benefit of having tax-free income. You might have some questions about what steps to take, that's why researching the tax free savings account in Happy Valley-Goose Bay is so important. Make sure you know everything you need to know about the smart new way to save, or any other important investment options The Co-operators offers.

What sets us apart?

There are numerous options to choose from when it comes to tax-free savings. So what can you expect from The Co-operators? As a co-operative, we have helped our members and communities make sound investments—and plan for retirement—for more than 70 years. This means you can look to us for the expertise and guidance you need to understand your tax-free account. Having access to our network of expert advisors across Happy Valley-Goose Bay means you can feel good about your investment choices and learn how to maximize your TFSA.

What you should know

No two people will have the same investment portfolio. That's why the information you receive from The Co-operators regarding a tax free savings account in Happy Valley-Goose Bay should be customized to meet your individual investing goals. You pay no tax on investment income or on withdrawals, so this might just be one of the best ways to save throughout your entire lifetime. Today, talk to someone who can help, your local Co-operators Financial Advisor.

This year, Canadian residents aged 18 or older are allowed to contribute up to $5, 000 to their accounts. Each year, another $5, 000 (indexed to Consumer Price Index) will be added to your contribution allowance.

Whether you've been saving since you first starting working or if this is your first time, our Financial Advisors can help you make the right decisions for your unique situation. Before you invest, contact us to determine if it's the right choice for you.

Start saving with a TFSA in Happy Valley-Goose Bay and you can expect:

  • No tax paid on earnings (interest or capital gains)
  • Tax-free withdrawals
  • Contribution room is restored after withdrawal
  • Income-tested credits and benefits such as GST credit, Canada Child Tax, EI and others not effected
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Investing in a Healthier Future

As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact, The Co-operators was recently recognized in Hewitt Associate's Green 30 guide, which identified Canada's 30 most environmentally-conscious employers. Talk to The Co-operators today about a the tax free savings account in Happy Valley-Goose Bay AND about what we're doing to help the environment.

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