M.Fisc., F. Pl.
Manager, Professional Practice
Do you contribute the maximum annual amount to your registered savings plans? If you haven’t already done so, make a resolution to optimize your savings in your registered plans in order to benefit from the tax deductions or grants available to you. It’s the best way to enhance your retirement plan or your children’s or grandchildren’s education savings plan!
Do you know all the benefits of the main savings plans?
Here is a quick overview of their respective features:
|Tax deferral||Tax-free interest and capital gains||Tax deferral and government grants|
Some points to consider
- If you have a trust, don’t forget that it must file its annual income tax return before March 30, 2020.
- If you are planning to retire within the next few years, get in touch with your advisor to discuss your situation and possibly review your investment strategy. Are your risk tolerance and your investment horizon still the same? Is your asset allocation still appropriate for your situation? Have certain events in your personal or professional life changed your goals or your retirement plan? Take advantage of your advisor’s expertise to update your portfolio so that it accurately reflects your current plan and goals.
For any questions concerning your wealth, don’t hesitate to contact your Wealth Management Advisor who will be pleased answer them!