tax free savings accounts Archives - Fiscal Agents - Savings and Investments - Oakville, Ontario's place for client-focused investment services since 1977

Since 1977, Fiscal Agents Savings & Investments has provided a client-focused approach to personal investing. Our website provides information about our methods, as well as a place to check rates, use helpful tools, and download useful documents to help you make strong decisions in your personal finance journey.

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Oakville, Ontario L6K 1C6

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2024-2025 TFSA Considerations

December 23, 2024

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| Categories: Investing, Notices

What growth opportunities do you have before the year-end? A Tax-Free Savings Account (TFSA) offers Canadians a flexible way to grow their savings tax-free. With 2024 quickly coming to a close, here's a quick overview of the key benefits and opportunities for TFSAs, the currently available contribution room, and a summary of opportunities for growth in late 2024 (and ahead to 2025). Key Benefits of TFSAs Tax-Free Growth: Any investment income earned within a TFSA (interest, dividends, or capital gains) is completely tax-free. Contribution Room: For 2024, the annual contribution limit is $7,000, and unused room from prior years carries...

About Fiscal Agents

With more than 45 years of industry experience and well over $2 billion of Guaranteed Investments (GICs) already placed, we're dedicated to helping you make the most of your money by offering personalized planning with no-fee access to savings and investment products from institutions throughout Canada. Our conservative approach provides income predictability, security of capital and guaranteed growth coupled with Bigger-Pay GIC investment returns and a unique reporting system that makes it easy to keep track of your money and its growth.

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