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| Effective:
Friday, September 03, 2010 |
| Term |
Annual |
RRSP |
RRIF |
| 1 Year |
1.800% |
1.600% |
1.400% |
| 2 Years |
2.500% |
2.050% |
1.900% |
| 3 Years |
2.650% |
2.350% |
2.250% |
| 4 Years |
3.000% |
2.650% |
2.600% |
| 5 Years |
3.300% |
3.000% |
2.950% |
| Rates subject to change. Call us for an exact
quote. Rates are quoted on $5000.00 minimums. |
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 Phone: 613-722-9999
Toll-Free: 1-888-722-1515
Fax: 613-722-2107
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Contact Us Online
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Tax Free Savings Account
The Tax Free Savings account is available from some of the Financial Institutions we represent.
TFSAs are available for terms from 30 days to 10 years. The GIC's once invested, are fixed until the maturity date except in the event of death of the account holder.
An individual (18 years and older) who is a resident of Canada, may establish a TFSA. An individual may have more than one tax free account at any given time, as long as the total amount contributed to all accounts during the year does not exceed the individual's available TFSA contribution room for that year.
As the account holder, you are the only person who can contribute to your TSFA.
After 2009, if you are eligible, you can contribute up to $5,000 to your TFSA at any time during the year. Also after 2009, the annual TFSA dollar limit will be indexed to the inflation rate. The indexed amount will be rounded to the nearest $500.
Your annual TSFA limit is $5,000 per year plus indexation, if applicable. Any unused amount may be carried forward to the next year. Your annual contribution room will be indicated on your notice of assessment. |
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