TFSA or RRSP 2018
One of the most common investment questions Canadians ask themselves today is, “Which is better, TFSA or RRSP”?
Here’s the good news – it doesn’t have to be an either or choice. Why not do both?
Gaire has been in the financial services industry since 1972 and was joined by his daughter, Tannis, in 2003. Tannis & Gaire work in tandem to create an environment which supports holistic retirement, investment and estate planning. An extensive referral network is available to clients in need of legal, lending or accounting services. We take pride in our personalized service and ability to be an integral part of our client’s investment, retirement, tax and estate planning needs.
One of the most common investment questions Canadians ask themselves today is, “Which is better, TFSA or RRSP”?
Here’s the good news – it doesn’t have to be an either or choice. Why not do both?
If you are a grandparent wishing to provide an asset for your grandchildren without compromising your own financial security you may want to consider an estate planning application known as cascading life insurance.
If you are the owner of a successful company it is likely that you have retained profits or surplus cash in your corporation. If this is the case, chances are also good that this invested surplus is exposed to a high rate of corporate income tax. If this describes your company then you may be a candidate for the Corporate Estate Transfer. This strategy provides tax sheltered growth as well as maximizing the estate value of your company upon your death.
Gaire Maclean, CFP, CLU
Certified Financial Planner and Chartered Life Underwriter
Tel: (604) 683-2044
Fax: 604 689 2801
Email: gaire@macleanrowefinancial.com
Tannis Rowe, BA, CFP, CLU
Certified Financial Planner and Chartered Life Underwriter
Tel: (604) 683-2044
Fax: 604 689 2801
Email: tannis@macleanrowefinancial.com
#1810 – 1075 West Georgia Street
Vancouver, British Columbia
V6E 3C9