RRSP

Facts about RRSP

• In the month of February most of Canadians want to deposit in RRSP to get

the tax break. This causes the mutual fund market to show high spike in

market rate. This spike in turn causes investors to buy the funds at higher

price, hence taking longer to get benefit of investment.

• Even though you catch up the contribution for your RRSP for the previous

years (uncontributed amount) BUT you can NEVER get the tax already taken

out from your pay. You need to act NOW to save for the last year’s tax, this

is YOUR hard-earned money and you need to get it back.

• For entrepreneurs who owe tax to govt. can save tax by putting money for

retirement in their RRSP account;

• You get around 30% tax return or tax saving (if you file tax at the end of the

year),

• If you do not have money to the contribution, we will get you the loan in

minutes;

• Best part of it, you DO NOT need to go in the lineup for contribution at your

BANK and get compromised care and time. You can contact us and

contribute while sitting at you home (from kitchen, bedroom, study room

whichever is comfortable for you);

• There are other various reasons for investors to contact the financial

advisor who understands and invest intelligently for their client. Please contact as soon to set up a meeting.