TFSA
Are you looking for an investment that provides tax benefits for saving? AWealth offers TFSA in Mississauga to help you reach your savings and investment goals. TFSA is a flexible account that is designed to help you save money by providing significant tax benefits. Earnings in a TFSA such as investment income including dividends and capital gains are not taxed in most cases even when its withdraw. However, TFSA with a substantial gain could be taxed. Contributions made to a TFSA are not deductible for income tax purposes unlike contributions to a RESP. A TFSA can contain cash and/or other investments such as bonds, mutual funds or guaranteed investment certifications (GICs).
*Mutual funds provided by Carte Wealth Management Inc. **Life Insurance products & services provided by Carte Financial Services Inc. and Kabis & Associates Inc.
Find out how a TFSA account can maximize your potential income?
Let’s discuss your TFSA Plans
BENEFITS OF TFSA
You can contribute up to a $6,000 tax-free to a TFSA in 2021. The cumulative TFSA room is $75,500 for 2021.
You are not required to have earned income to contribute to a TFSA.
You can withdraw any money for any reason without being taxed from a TFSA.
You can choose from a variety of investment options such as bonds, mutual funds, savings deposit, and guaranteed investment certificates (GICs).
You do not lose the contribution room if you make a withdrawal. However, you need to wait until next year to re-contribute the money to your TFSA.
You can provide funds to your spouse so they can contribute to a TFSA without being subjected to income attribution rules.
You can provide funds to your spouse so they can contribute to a TFSA without being subjected to income attribution rules.
Your contribution are not tax-deductible. However, investment returns earned in a TFSA are not taxed even when they are withdraw.
Find out which Investment Plan is right for you?
Let’s discuss your Investment Plans
TYPES OF SEGREGATED FUNDS:
AWealth has an extensive and trustworthy network of financial partners in Canada to meet your investment, insurance, and mortgage needs.
A guaranteed investment is a fantastic asset. Guaranteed investment gives you the growth of a GIC as well as the tax benefits that come with RRSPs.
You will get one of the best interest rates on the marketing and without any fees or service charges.
CLIENT TESTIMONIALS
We have a large number positive 5 star client reviews
LATEST NEWS
Learn more about investment, insurance, and mortgage in our latest blog posts from AWealth.
CONTACT US
Feel free to call or email. You can also fill out the form below to book a consultation with us.
CONTACT US
Feel free to call or email. You can also fill out the form below to book a consultation with us.
Book a Consultation
Which Awealth Plan is right for me? Schedule a consultation on your investment, insurance or mortgage needs.
Book a Consultation
Which Awealth Plan is right for me? Schedule a consultation on your investment, insurance or mortgage needs.