Category Archives: RRSP

Five Products You Should Add to Your Financial Plan

It is never too early to start thinking about your financial security. Here are five important financial products that will get you on your way to a secure future: 1. Registered Retirement Savings Plan (RRSP)
 RRSPs are personal retirement plans that are registered with the government to assist and encourage Canadians to save for their retirement. [...]

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6 Ways to Increase Your Tax Return

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Here are some ways to help turn your tax return into a windfall: Tax Credit for Public Transit If you are a Public Transit user, you can claim the cost of transit on your tax return. Hold on to your weekly or monthly passes and receipts and you can claim the Public Transit amount for [...]

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What is a TFSA? and how do they compare to RRSPs

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In RRSP post, we outlined what an RRSP is and how to make your RRSP grow faster, but RRSPs aren’t the only government driven savings plan available. Since 2009, the Canadian government has offered the Tax-Free Savings Account (TFSA) as an alternative to the RRSP. What is a TFSA? The TFSA is a flexible, registered, [...]

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All about RRSPs

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Useful facts about RRSP Contributions -       the last day to contribute to RRSP’s is March 1, 2013 -       the amount you are allowed to contribute can be found on the notice of assessment from the previous tax year -       You can also get the information from your Canada Revenue Agency account or Quick Access here: [...]

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What is an RRSP? What are the major advantages? and ten strategies to make your RRSPs grow

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What is an RRSP? A Registered Retirement Savings Plan (RRSP) is a personal retirement plan that is registered with the government to assist and encourage Canadians to save for their retirement. At VPFG, we offer a variety of investment options to include in your RRSP account including Term Deposits, Bonds, Mutual Funds, etc. What are the major advantages of RRSPs? [...]

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Taking Stock of Your Finances

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Well Thanksgiving has passed and a long fall brings us to the Christmas season. This is a time of year when most of us are thinking about getting to spend time with family and friends. Many of us get a bit of time off between Christmas and New years and this can be a particularly [...]

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