The tax free savings account in Virgil, ON
The tax free savings account in Virgil 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.
The Co-operators has local Financial Advisors across the province waiting to answer any questions you might have about tax free savings accounts in Virgil and more.
So talk to The Co-operators today and find out what our insurance and investment options can do for you.
What sets us apart?
There’s no shortage of choice when it comes to tax-free savings. So what can you expect from The Co-operators? 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. Having access to our network of expert advisors across Virgil means you can feel good about your investment choices and learn how to maximize your TFSA.
Flexible savings and so much more
Want to know more about the tax free savings account in Virgil? The Tax-Free Savings Account (TFSA) is a new way to grow your money and make after-tax dollar contributions. Depending upon your needs, the lump sum benefit amount of this critical illness insurance coverage can range from $25, 000 to $2, 000, 000. We provide an unbeatable customer experience and an extensive selection of products and services that meet your needs.
This year, Canadian residents aged 18 or older can contribute up to $5, 000. Annually, an additional $5, 000 (indexed to Consumer Price Index) is added to your contribution room.
The Co-operators is a name that Canada depends on for reliable, high quality insurance and investment products. Contact a Financial Advisor today to learn more about the tax free savings account in Virgil along with other products and services, such as life or travel insurance, wills and estate planning, investments and more. Contact a Financial Advisor today.
When you save with a TFSA in Virgil 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 Virgil include:
- Increased Liability
- Comprehensive coverage
Think of it as Insurance for the Environment
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 a tax free savings account in Virgil AND about what we're doing to help the environment.
Get extended Insurance in Virgil now!
Virgil 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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