The tax free savings account in Comox, BC
The tax free savings account in Comox 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.
Local Co-operators Financial Advisors across the province can answer any questions you might have about tax free savings accounts.
So be sure to contact a Co-operators Financial Advisor today to learn more.
What sets us apart?
Tax-free savings accounts aren’t hard to come by; in fact, you’re often spoiled for choice. So what sets The Co-operators apart? As a co-operative, we’re dedicated to helping our members and communities navigate their options and plan for the future—and we’ve been doing so for more than 70 years. And with experience comes leading expertise on tax-free accounts. Through our network of expert advisors in British Columbia and beyond, we're ready to help you make the right decisions about your TFSA and become an even more effective saver.
The name Canadians trust for lasting peace of mind
Curious about the tax free savings account in Comox? The Tax-Free Savings Account (TFSA) is a new and smart way to grow your money, which allows you to make after-tax dollar contributions. You pay no tax on investment income or on withdrawals, which is why this is one of the best ways to save throughout your entire lifetime. For service you can count on, talk to The Co-operators today.
If you are a Canadian resident age 18 or over, you can contribute up to $5, 000 to your account. Each year, another $5, 000 (indexed to Consumer Price Index) will be added to your contribution room.
The Co-operators can also provide you with other products and services beyond a tax free savings account in Comox, such as additional insurance protection and other investment options. Contact us today to learn more.
The benefits of a TFSA in Comox include:
- 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
Extended Insurance Features in Comox include:
- Increased Liability
- Comprehensive coverage
Ensuring Canada's Tomorrow
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 our tax free savings account in Comox AND about what we're doing to help the environment.
Get extended Insurance in Comox now!
Comox has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.
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