Make Saving Less Taxing with a Tax-Free Savings Account
It’s likely you opened an contribute to your Tax-Free Savings Account (TFSA) for the tax-advantaged savings. After all, you’ve already paid taxes on the money you’ve invested, so why not put this money in a TFSA that lets your investments grow tax free. But, remember, your TFSA is more than just another savings account.
By having a TFSA at Edward Jones, you can benefit from working with a financial advisor who will meet with you to better understand your needs. Working together, we’ll personalize your TFSA with the best investments that will be tailored to meet these needs.
How You May Benefit from a TFSA
Because your TFSA is more than just another savings account, you can use it:
- Save even more if you have limited contribution room or maximized your Registered Retirement Savings Plan (RRSP) contributions
- Create a tax-efficient income stream in retirement, especially if you have excess Reigistered Retirement Income Fund (RRIF)* or pension income
- Take advantage of additional income-splitting opportunities with your spouse
- Add to your existing long-term investment strategy – tax-free
Keep more of what you save.
Call Abbie Green, Financial Advisor, Edward Jones.
3560 W 41st Ave, Vancouver BC V6N 3E6