INVESTMENTS
Do-it-yourself or get professional advice
TeamDastur provides comprehensive strategies to build your money to help achieve your goals. We all have similar goals - common
goals many people
have include saving for retirement, educating your child, buying a home or furniture, or taking a vacation. TeamDastur
can offer advice on a huge
range of investment "products" from various financial companies to help you build your money.
Savings Goals
- Retirement Savings - Explore the many options available to help you plan for your future and live the retirement lifestyle you want
- Tax-Free Savings Accounts - Save without taxes cutting into your investment profits
- Education Savings - Fund your children's education and keep on top of rising costs with a Registered Education Savings Plan
(RESP)
or our other investment options
RRSP - a powerful savings vehicle
A registered retirement savings plan (RRSP) is a personal savings and investment account that has special tax advantages. What makes an
RRSP such a powerful savings vehicle is that your contributions are tax deductible and any investment growth is
tax-sheltered.
Tax deductible contributions mean you will have more of your income available for your current needs, even while you're saving
for the future.
And tax sheltered investment growth (interest, dividends, capital gains) keeps more of your money working for you.
TFSA - achieve your savings goals tax free
The Tax-Free Savings Account (TFSA) is the most significant government savings program since the introduction of the registered retirement
savings plan (RRSP). You can benefit from what a TFSA has to offer regardless of your income or financial goals. It can be an integral part
of your financial plan, whether you're saving for your first home, preparing for retirement or already receiving retirement income.
A TFSA is
a great way for you to save your money and see your saving grow tax-free.
RESP - save for your child's post-secondary education
An RESP is probably the best way to save for a child's or grand-child's post-secondary education. With the rising costs associated with
sending a child
to college or university, an RESP can really help because the government provides grants while the savings grow
tax-deferred until withdrawn.
When the student withdraws the funds for educational purposes, the withdrawals are taxed in the student's hands,
typically at a lower rate.