Now that RRSP season is here, you’re invited to our first educational event of 2018 in Nanaimo. Join us for coffee and dessert to learn how to effectively use RRSPs and TFSAs to minimize your tax bill.
Are you frustrated with your RRSP returns? Or confused about whether RRSPs or TFSAs are the right choice for you? Don’t count on the banks to help navigate this for you.
Recently I was referred a client who had $150,000 in his TFSA. Initially we were excited about his returns and what he had invested in to grow so much. However, we quickly discovered that he had simply contributed that money into the TFSA at the bank. Unbeknownst to the client, contributing over the TFSA limit triggers a CRA penalty of 1% per month, which in this case would cost my client $12,000 over the course of a year.
We want to prevent these types of experiences from happening to you. This event is complimentary and we encourage you to invite friends and family who want to become more empowered around their finances.
At this seminar you’ll learn:
We will also feature guest speaker, Geoff Lafleur, from ICM Realty Group. Geoff will present how you can invest in US commercial real estate using your RRSP/TFSA.
Date(s) - Wednesday Jan 31, 2018
7:00 pm - 8:30 pm
Beban Park Social Center