Representing over 30 companies in the Financial Services industry including banks, giving you, the client, access to a wide variety of financial products.

• Investment Funds
• Life Insurance
• Disability Insurance
• Critical Illness Insurance
• Health and Dental Benefits
• Mortgage Insurance

Through processes such as:

• Tax Effective Estate Planning
• RSP's, RIF's, Pensions, RESP's
• Investment Planning
• Business Continuation
• Planned Giving

How the TFSA Works

• Starting in 2009, Canadians aged 18 and older can save up to $5,000 every year in a TFSA.
  
• Contributions to a TFSA will not be deductible for income tax purposes but investment income, including capital gains, earned in a TFSA will not be taxed, even when withdrawn.
  
• Unused TFSA contribution room can be carried forward to future years.
• You can withdraw funds from the TFSA at any time for any purpose.
  
• The amount withdrawn can be put back in the TFSA the next year or later without reducing your contribution room.
  
• Neither income earned in a TFSA nor withdrawals will affect your eligibility for federal income-tested benefits and credits.
  How Is a TFSA Different From a Registered Retirement Savings Plan?
  An RRSP is primarily intended for retirement. The TFSA is like an RRSP for everything else in your life .
  Both plans offer tax advantages, but they have key differences.
  
• Contributions to an RRSP are deductible and reduce your income for tax purposes. In contrast, your TFSA savings will not be deductible.
  
• Withdrawals from an RRSP are added to your income and taxed at current rates. Your TFSA withdrawals and growth within your account will not-they will be tax-free.
  

For sound advice and good planning, contact Lorne Amos. He'll help you find the most appropriate solution for your wishes and personal situation. Send your request through the contact page on this site.

Disclaimer

Only registered representatives of a Mutual Fund Dealer may offer mutual funds.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the simplified prospectus before investing. Mutual funds are not guaranteed and are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Fund values change frequently and past performance may not be repeated.

Investors should educate themselves regarding securities, taxation or exchange control legislation, which may affect them personally. This website is for general information only and is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice. Please consult an appropriate professional regarding your particular circumstances.

This website does not constitute an offer or solicitation in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation.