Andrew Pereira – Financial Planner – 519-365-4721

TFSA to RRSP
Moving money from a TFSA to an RRSP can give a double punch to the tax man. If a TFSA investment doubles in value, the account holder can withdraw the cash without paying tax on the gains, and that same money can be deducted from his taxable income when it is contributed to his RRSP. The TFSA contribution space can also be reclaimed the following calendar year. FOR MORE FINANCIAL PLANNING TIPS AND TRAPS CONTACT ANDREW TODAY! 519-365-4721 or at andrew.pereira@investorsgroup.com