A brief update regarding Bonnie’s health. Good news after approx. 1 year of health concerns and appointments Bon Bon is out of the hospital and is slowly recovering at home. We Thank family and Friends for their prayers and support!
Angie and I are currently preparing all clients year end reports for a January 2024 review.
GREAT NEWS!!!!
Today the Canada Revenue Agency (CRA) announced that the 2024 Tax-Free Savings Deposit has increased to $7,000 per person. Making the contribution limit $95,000 in 2024. This is the 2nd year in a row for an increase.
The tax-free savings account is one of the best strategies for savings – for pre-retirees and especially for retirees.
Everyone should review their options on how to use a tax-free savings account to your benefit.
We will be sending out strategies over the next little while on how retirees are using this investment product.
This is a very valuable investment vehicle to have in your portfolio.
Thank you,
Ted & Angie
