The tax free savings account in Strathroy 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.
There are numerous options to choose from when it comes to tax-free savings. So why choose
Curious about the tax free savings account in Strathroy? 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 help selecting the right option for you, talk to a Co-operators Financial Advisor 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.
Contact a Co-operators Financial Advisor for a more in depth explanation or to ask any investing questions you might have.
As a responsible corporate citizen, we believe in balancing our economic, environmental and social priorities. In fact,
Strathroy has a public policy system that provides a minimum level of mandatory coverage to vehicle owners when they purchase license plates.