RRSP’s are personally managed investment and savings accounts with tax benefits. Contributions are tax deductible and investment growth is not taxed as it is earned. Tax is paid when funds are withdrawn from these accounts. Anyone with an earned income is eligible to contribute to an RRSP, prior to their 72nd birthday. There are several strategies that can be used to grow a RRSP. The sooner the person starts to save, following a plan, the bigger the chances that the retirement objectives will be met.
At Ektos Financial we use an active management approach, using Mutual Funds from the most prestigious Canadian investment management companies. To guide the investor we use an evaluation based on Behavioural Finance and we focus in helping our clients to align their beliefs about investment with their financial security objectives.
The Canada Revenue Agency website has in-depth information about RRSPs.
If you want to know your contribution limit, the best source is CRA website.
This information is generic and does not constitute financial advice. You should consult us before purchasing. Ektos Financial offers a selection of Investment solutions that may fit your P.A.C.T plan.
What make us different?
We listen and we wait for our turn to speak.
We are committed to establishing a relationship based on keeping promises, respecting boundaries, communicating and understanding what you want to accomplish in life.
We design and implement financial plans that integrate cash flow and debt management, insurance and investment planning, as well as retirement and estate planning.
Moreover, we will create a financial plan that coordinates the work of financial, banking, insurance, investment, accounting and legal professionals.
Check the About Us page for more details.
Getting Started:
Contact Jose Cid at 604 229 2332 or fill the contact form below.