Sunday October the 22nd, 2017 

TEAMJONAMANTE: *Jon*Sylvia*Mehdi*Cliff*Neil  *Sales Representatives

REMAX Realtron Realty Inc. Brokerage

Independently owned and operated

2815 Bathhurst Street, Toronto ON, M6B 3A4

Direct: 416-543-8852

Office: 416-782-8882

Toll Free Fax: 1-866-513-2193

Fax: 416-782-3329

Some TFSA Do's & Don'ts

January 7, 2013 - Updated: January 7, 2013

With the new year comes a new RRSP season for us Canadians.  Allow us to share some tips from Gordon Pape taken from the Business section of the Toronto Star:

 

  • Don't Get stuck in the wrong plan:  evaluate the returns and if necessary discuss it with your financial planner.  Depending on your goals, you have many choices as to where to place your TFSA.
  • TFSA or RRSP?
  • Don't make the mistake of using TFSAs for education savings:  An RESP ( Registered Education Savings Plan) is what you need if you want to save up for your child's future college education
  • Don't Over-contribute:  Over-contribution will result in taxation so be very careful about your limits.

Click here for the full article.

 

 


Tagged with: real estate toronto gta tfsa rrsp
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