Ron & Betty Pawlowski Senior Financial Consultant
RSP Investments Edmonton, Alberta (Now Lovin» living in White Rock)
In my case,
my RSP investments are primarily mutual funds.
Frequent use of PADs includes mortgage and utility payments, membership dues, charitable donations,
RSP investments, and insurance premiums.
-- What does
your RSP investment strategy look like?
RSP Investment Fund Accounts generate RSP Contribution Receipts for contributions made to that Account.
Not exact matches
Cash, eligible Canadian and U.S. equities, mutual funds, bonds, money market instruments, foreign
investments and some options can all be held in your self - directed
RSP / RIF portfolio.
There was no real discussion surrounding the relative returns of
RSP vs unregistered
investments.
As part of an ongoing study, Dalbar Canada, a leading financial services research firm, is gathering feedback from Canadian retail investors for the purpose of improving the content and design of financial
investment statements (including
RSP, pension, non-registered account statements, insurance etc) commonly used by Canadians.
I'm wondering whether it would be wise to cash in our
RSPs and use the after - tax amounts to pay down the mortgage on our
investment property, which is substantial right now (and I'm concerned about interest rates going up).
For a list of qualified
investments that you can hold in your
RSP, check out: cra - arc.
In addition,
RSPs are suitable vehicles for
investments on which you are likely to get fully taxed regardless, so they make sense as a place to put your «cash» portfolio - GICs and bonds.
transfer the RESP assets to another eligible beneficiary withdraw the funds for yourself (you must repay the government grants and pay taxes and a surcharge on
investment income you withdraw) transfer up to $ 50,000 of the
investment income to the subscriber's regular or spousal Retirement Savings Plan (
RSP) if there is enough contribution room donate the
investment income to a Canadian educational institution
My
RSP, my spouse's
RSP, my TFSA, my spouse's TFSA and joint
investment accounts.
I'll still have about $ 65000 in
RSP and another $ 55000 in an non-registered
investment account.
It is a great way to complement your Retirement Savings Plan (
RSP)
investment strategy.
In 1997 or 1998 I took out my first
investment loan based on the advice of my financial advisor (the basic idea being that
RSPs get taxed at 100 % upon withdrawl and if you can borrow to invest you can deduct the interest.
The rate on 1 - year cashable GICs is guaranteed for one year, but you can access the funds (in whole or in part) any time after 30 days without penalty, subject to a minimum withdrawal amount and maintaining a minimum remaining balance of $ 1,000 for TD Direct Investing non-registered and TFSA
investment accounts and $ 500 for TD Direct Investing
RSP, RIF, RESP and RDSP
investment accounts.
These
investments are registered for tax purposes as an
RSP (retirement savings plan).
You can purchase it for your TD Direct Investing
RSP, RIF, RESP, RDSP, TFSA, and non-registered
investment accounts.
Fidelity
Investments: Contributions your employer makes on your behalf to the Group
RSP become vested immediately.
Designed to help you invest for retirement, an
RSP is an ideal long - term
investment for your money.
It's also easy to move your money to other
investment choices within your
RSP at any time.
Contributions can reduce taxable income, and your
investments can grow, tax - deferred, while in the
RSP
You can hold many of the same
investments you hold in your
RSP in your TFSA, including mutual funds, GICs, stocks and bonds.
I don't know about that... If I were in the 20 % tax bracket, using an RRSP would still reduce my taxable income and thereby provide a 20 % return in tax credits... Assuming that when I'm retired, my earned income would go to zero and I can withdraw my
RSP money at a rate which is below my basic exemption and thereby get it essentially tax - free... So, in effect, that would be like getting an immediate 20 %
investment return on that cash up front, plus whatever the future
investment gain might be.
Self - directed RRIF, which allows you to invest in the same wide range of qualified
investments as self - directed
RSPs, and you can transfer your self - directed RRSP portfolio intact.
People will often say they «purchased an
RSP», thinking of it as an
investment instead of what it really is — a savings vehicle, Grouni said.
Obtain up - to - date account statements for all assets including: property,
investments,
RSPs, inheritances, large financial gifts and bank accounts along with Notices of Assessment for the past 3 years (available from Canada Revenue Agency).
In December 2006, the
investment objective of the TD Global Bond Fund (formerly TD Global
RSP Bond Fund) changed.
FDS takes cash
investments to a minimum of $ 30,000 and
investments can take the form of
RSPs, a Tax Free Savings Account or even a Registered Retirement Income Fund.