Investment Account Types
Non Registered Savings
Tax Free Savings
A TFSA allows investments to grow tax-free, accumulate and withdraw from the fund without paying taxes.
Education Savings
An RESP is an investment vehicle that allows parents in Canada to save for their children's post-secondary education.
Retirement Savings
The main advantage of an RRSP account, as compared to a regular investment account, is the tax benefits it offers.
Disability Savings
A RDSP helps with the long term financial security of a person who is eligible for the disability tax credit (DTC).
Employee Savings
Employers can help employees save directly from their pay cheque to accounts such as an RRSP.
Working with an Investment Fund Advisor
An Investment Fund Advisor looks at the big picture, by assessing financial needs and challenges and can help you reach targets. Canadian research shows that "financial advice matters, and the results are robust". Working with an Investment Fund Advisor can help you increase value of assets up to 3.9 times more over a 15 year period than those that go it alone.
This advice is valuable throughout life, but even more so when you near major life events, such as buying a house, getting married, having a baby, retiring, or recieving an inheritance.
