The reason is quite simple, most empoyee 401K and 403B plans have
very limited investment options.
Not exact matches
Given the
limited investment options in my wife's 401 (k), this is a
very good performer and will continue to be a primary
investment selection for us.
As well,
investment options are
limited and fees are
very high.
(Many plans offer a
very limited range of
investment options).
However, non-resident Canadians, even if they are Canadian citizens, have
limited investment options in Canada so it will be
very important to ensure your Canadian financial institution correctly lists your residency status.
For those earning Hilton points or other hotel points, timeshares don't usually make much sense as they require a significant cash
investment with a
very limited number of destination
options.
NPS is one of the
very few tax saving
investments options that let the investor surpass the 1 lakh
limit of deduction set by the section 80C.