Monday to Friday 9am-5pm
We know that our clients have busy lives and schedules. For many of you, extended hours are not only a convenience, they are a necessity. At your request, we can offer a range of appointment times to suit your schedule. Please contact our office to schedule your appointment.
March 11, 2014
Enhanced rates are available for deposits of $25,000 or more.
See the list of companies surveyed to obtain best rates and to learn how your GIC is guaranteed.
Rates for registered investments (RRSP) may differ from non-registered investments.
RRSPs are designed to support a long-term retirement savings objective and contributions to an RRSP are tax-deductible. The deadline for making 2013 contributions to your RRSP is March 3, 2014.
The Tax-Free Savings Account (TFSA) is another tax-advantaged registered savings vehicle you may want to consider. Contributions to a TFSA are not tax-deductible, but investment income earned grows tax free. A wide variety of products are available within a TFSA and there are no penalties or tax consequences for making withdrawals, nor do withdrawals impact your eligibility for income-tested benefits or credits. This makes the TFSA a suitable vehicle not only for long-term savings objectives, but for short and medium-term ones as well. In 2014, the contribution limit for the TFSA will remain at $5,500. If you have never contributed to a TFSA, as of 2014, your total unused room is $31,000. Otherwise, your total TFSA contribution room can be calculated by adding:
For more information contact an Edmond Financial Group advisor today.
1 Excludes qualifying transfers or specified distributions
See our tips for weathering stormy markets.
See the Department of Finance budget website.
Mutual Fund and Fixed Income Investments provided through Quadrus Investment Services Ltd.
Quadrus Investment Services Ltd. and design, Quadrus Group of Funds, invest@Quadrus and Fusion are trademarks of Quadrus Investment Services Ltd. used with permission by The Great-West Life Assurance Company.
Distributor for The Great-West Assurance Company.
Edmond Financial Group is a member of The Financial Advisors Association of Canada.
Edmond Financial Group is a proud member of the Winnipeg Chamber of Commerce.
Equity Market Weekly Review is provided by Fidelity Investments.