This month's "Item of Value" coincides perfectly with a financial service professional! It speaks to the new Tax-Free Savings Account (TFSA) that were initiated by the government in 2008. Many people have opened these savings accounts as a way to save for retirement, a down payment on a first home or university-related expenses.
This month's info shows how this TFSA can complement an established Registered Retirement Savings Plan (RRSP) or other savings account and can help you save for both short and long term goals. Since many people are interested in ways to save money for retirement, feel free to pass this information on to your family and friends.
In the document find out about;
- The Benefits of TFSA
- The Rules of TFSA
- Who TFSA's are Ideal For
- How to use a TFSA to Save
To download a copy of our September Item of Value "Tax-Free Savings Account (TFSA), click here!