|
|
Posts Tagged ‘TFSA’
|
| Taking Advantage of the TFSA |
June 6th, 2009
Canadians are Catching on to the TFSA.
According to a survey by a global market information and insight group, the introduction of the new Tax Free Savings Accounts or TFSAs has caught the attention of many Canadians. ”The combination of advertising by government and financial institutions has translated into a high awareness of the new investment vehicle and good initial uptake,” said Rhonda Grunier, vice-president of TNS Canadian Facts and director of the market research firm’s TFSA study. The survey found that 79 per cent of Canadians are aware of TFSAs, and this is only somewhat behind awareness of the longer running RRSP (94%) and RESP (84%) accounts. There is also little reported confusion between TFSAs and RRSPs. Only 27 per cent say that they do not understand the difference between the two.
Who’s Most Likely to Take Advantage of the TFSA?
According to the survey Middle and Higher Income households are most likely to take advantage.
When it comes to opening a TFSA, already 14 per cent of Canadians have already jumped on the savings wagon. Another 36 per cent of Canadians are either very likely (18%) or somewhat likely to do so (18%) in 2009. Adding those statistics and subtracting from 100 leaves 48 per cent who are not likely to open an account this year.
Not everybody is jumping on the savings wagon.
Although the adoption rate for the new accounts is quite high, it is also true that lower income households are less likely to open an account (28% of Canadians with a household income below $35,000 have opened or plan to open a TFSA versus half of all Canadians).
The number on reason for not opening a TFSA is…
If you haven’t opened up a Tax Free Savings Account chances are it’s not because you don’t see the value. So what is stopping most Canadians from taking control of their financial future? You probably guess it… Money! In fact, among the most frequently cited reasons for not opening a TFSA is a lack of financial resources (41%).
About the TFSA survey.
The survey was conducted using the firm’s national bi-weekly telephone omnibus service, TNS Express Telephone. A total of 1,016 nationally representative Canadian adults were interviewed between February 2 and 5, 2009. For a survey sample this size, the margin of sampling error is plus or minus 3.1 percentage points, 19 times out of 20.
|
| statistics | savings, tax free savings account info, Taxes, TFSA | No Comments » |
|
| |
| |
| Build up Your TFSA with Bonus Money |
May 23rd, 2009
Each time you refer a friend or family member and they open up an ING DIRECT account with $100 or more - you both get a $13 Bonus! Share the savings with your friends and earn up to $1,400! Here’s how it works:
1. Tell your friend your unique Orange Key (Ours= 21327984S1) by simply entering their name and e-mail address.
2. ING DIRECT will send them an e-mail on your behalf letting them know the benefits of saving and give them your unique Orange Key (so you both get the Bonus).
3. Bonuses will be deposited into the Investment Savings Accounts within 24 hours of your friends’ account opening. Don’t have an Investment Savings Account (ISA) yet? ING DIRECT will gladly open one up for your bonuses. Remember the ISA has no fees or service charges, no minimums, and you can move your money at any time.
Plus the more friends who jump on the ING DIRECT savings bandwagon, the more referral Bonuses you can make. Now you can reward yourself while helping your friends save their money. Tell your friends today!
ING DIRECT Bonus Offer
Number of Referrals 10 Friends = Referral Bonus $130 = Extra Bonus $50 = TOTAL Bonus $180
Number of Referrals 20 Friends = Referral Bonus $260 = Extra Bonus $150 = TOTAL Bonus $410
Number of Referrals 30 Friends = Referral Bonus $390 = Extra Bonus $300 = TOTAL Bonus $690
Number of Referrals 40 Friends = Referral Bonus $520 = Extra Bonus $500 = TOTAL Bonus $1,020
Number of Referrals 50 Friends = Referral Bonus $650 = Extra Bonus $750 = TOTAL Bonus $1,400
The more people you refer, the more bonuses you earn! Go online and log into your Account to start referring today. Just follow the prompts to share your unique Orange Key with your friends and family. You can also find your Orange Key on your Statement.
To get started go to: http://www.ingdirect.ca/en/signmeup/index.html
P.S. If you would like to get started right away and need an Orange Key please feel free to use ours: It is: 21327984S1
|
| Tax Free Savings Account Offers | Offers, Tax, Tax Free Savings Account, TFSA | No Comments » |
|
| |
| |
| Canadians Thank Government For TFSA |
May 9th, 2009
Canadians Say “Thank You” to the Government of Canada for Introducing the New Tax-Free Savings Account
OTTAWA, ONTARIO–(Marketwire - May 4, 2009) - On May 5, 2009, the Honourable Jim Flaherty, Minister of Finance, and the Honourable Jean-Pierre Blackburn, Minister of National Revenue and Minister of State (Agriculture), will accept a giant thank you card signed by more than 2,000 Canadians from across the country acknowledging the Government’s introduction of the Tax-Free Savings Account. The thank you card will be presented by Mr. Peter Aceto, President and CEO of ING Direct Canada. The news conference will be followed by a question and answer session.
|
| News | blackburn, flaherty, government, jim, savings, tax free, Taxes, TFSA | No Comments » |
|
| |
| |
|
| |
| |
|
|
More Details