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Contact Me
Brandon
8-223 18th Street North
Redwood Plaza
Brandon, MB R7A 2V8
Tel: (204) 726-7600
Fax: (204) 726-7699
TollFree:1-866-558-0555
tweedm1@parl.gc.ca
Killarney
Box 1810
100 Fletcher Street
Killarney, MB R0K 1G0
Tel: (204) 523-5170
Fax: (204) 523-5171
Ottawa
Rm. 511, Justice Bldg
Ottawa, ON K1A 0A6
Tel: (613) 995-9372
Fax: (613) 992-1265
tweedm@parl.gc.ca
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Merv Tweed, MP Brandon-Souris www.mervtweed.com |
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| Helping Canadians Save for the Future | January 2009 |
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Dear Constituent, The start of the new year also marked the beginning of a new way you can save for the future: the Tax-Free Savings Account. With this new type of account, you can save up to $5,000 per year and pay no tax on withdrawals or the income earned. The Tax-Free Savings Account (TFSA) can be used to save for a new car, a new house, a vacation, an education, or just for a rainy day. Withdrawals can be made at any time and for any reason. Our government also recently extended the deadline to apply for the new Registered Disability Savings Plan to March 2, 2009. If you have any questions or need help applying, please feel free to get in touch with me. I've included more info about the TFSA and the RDSP below if you're interested. Yours sincerely, - Merv |
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Tax-Free Savings Account: The new Tax-Free Savings Account is a flexible, registered general-purpose savings vehicle that allows Canadians to earn tax-free investment income to more easily meet lifetime savings needs. It complements existing registered savings plans like the Registered Retirement Savings Plans and the Registered Education Savings Plans. For more detailed information - click here. Registered Disability Savings Plan: A Registered Disability Savings Plan is a savings plan that is intended to help parents and others save for the long-term financial security of a person who is eligible for the Disability Tax Credit. For more detailed information - click here. |
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If you have received this from a friend and would like to sign up to regularly receive Staying Connected, or, if you would like to unsubscribe to Staying Connected, or, if you have questions or comments, please email me at tweedm@parl.gc.ca or call me at 1-866-558-0555. |
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