Strategies for those that are wanting to continue to maximize their tax credits leading into retirement and beyond.
Want to maximize your tax credits within your RRSP before you RRIF?
Shelley and Gord would like to invest in Golden Opportunities right up until age 71 to maximize the tax credits they receive. Golden Opportunities now offers a Client Name Retirement Income Fund (RIF) Account which provides clients with a no fee option when the time comes to transfer your Golden Opportunities assets to a RRIF.
Did you invest in the Fund previously and have mature shares?
Roger invested in Golden Opportunities 8-years ago. This year, the units that he invested matured following the 8-year hold period, and he can “roll”/reinvest these units back into Golden Opportunities and receive an additional 32.5% in tax credits without investing any new money.