The tax free savings account in Okotoks, AB
The tax free savings account in Okotoks 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.
That's why The Co-operators has qualified, courteous Financial Advisors available all across Canada, to ensure that you have access to the advice and information you need.
Contact a local Co-operators Financial Advisor today to learn more.
What sets us apart?
There are numerous options to choose from when it comes to tax-free savings. 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. This means you can look to us for the expertise and guidance you need to understand your tax-free account. You can also enjoy access to our network of expert advisors throughout Okotoks, so you can make informed decisions about your TFSA and become a better saver.
Fast facts you may find useful
Looking for some quick facts about the tax free savings account in Okotoks? The tax free savings account is an exciting new investing option that gives you the ability to make after-tax dollar contributions. 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. Get the advice you need, talk to 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.
The Co-operators has Financial Advisors in Okotoks available to answer any questions you may have about investments or insurance in Okotoks. Contact us today and let us provide more detailed information about a tax free savings account in Okotoks.
When you save with a TFSA in Okotoks 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
Extended Insurance Features in Okotoks include:
- Increased Liability
- Comprehensive coverage
Investing in a Greener 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 a the tax free savings account in Okotoks AND about what we're doing to help the environment.
Get extended Insurance in Okotoks now!
Okotoks 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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