Tips for serving clients of all ages
A plurality use the accounts for cash and savings
Identifying clients’ goals will clarify the choice
Insurance industry association also wants improved access to variable payment life annuities, among other recommendations
Three areas could trip up clients, according to IG Wealth Management
As a result, their savings could be tax-inefficient
Issuers are only "joint and severally liable" to a point
The savings account's first decade saw tremendous success, as well as trials and rule changes. What's next?
Plus, what many clients don't know about TFSAs
Overcontributions can result in more than a simple penalty tax