TFSA
RESP vs. TFSA: Which is Better for Your Child’s Education?
Choosing the right savings is crucial when planning for your child’s education. Two popular options in Canada are the Registered Education Savings Plan (RESP) and the Tax-Free Savings Account (TFSA). Both have unique benefits, but which is better for your child’s education? In this comprehensive guide, we at Rupinder Rai Insurance will explore the key…
Read MoreMaximize Your Tax-Free Savings Account in Mississauga: How an Insurance Broker Can Help
Are you a resident of Mississauga looking to make the most out of your Tax-Free Savings Account (TFSA)? Well, we have some fantastic news for you! This blog post will unveil how an insurance broker can be your secret weapon in maximizing your TFSA. Say goodbye to complicated financial jargon and confusion – our experts…
Read MoreTax Free Savings Accounts: A Guide To Reaching Your Financial Goals Faster
Are you looking for a way to grow your wealth without being subjected to the harshness of taxes? Tax Free Savings Accounts (TFSAs) may be the answer. Read on to find out what TFSAs are, how they work, and why they could help you reach your financial goals faster! A Tax-Free Savings Account (TFSA) is…
Read MoreThe benefits of a Registered Retirement Savings Plan in Mississauga
Putting away money in a Registered Retirement Savings Plan can be more than getting a tax break and saving for your golden years. RRSP can be an interesting option for young families as it offers reduced taxable income. You can contribute up to 18% of your earned income towards RRSP in a given year and…
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