The 2016 Investment Season is here!  RRSP limits for 2015 and 2016 are $24,930 and $25,370 respectively; the deadline for RRSP contributions for the 2015 tax year is February 29, 2016.  The TFSA limit for 2016 is $5,500; you can deposit up to $46,500 ($93,000 per couple) if you have never contributed to a TFSA.  Other great ways to invest include pre-authorized monthly contributions (PACs), RESPs, RDSPs and of course, open/taxable accounts. Gold Investment Management is available by telephone: 1.888.436.9955, fax: 1.866.541.7947, email: invest@gold-im.com or visit us at gold-im.com.

Let Gold Investment Management help you build a strong future.  Invest today!

RRSP & TFSA Tables:

Year  RRSP Annual  Limit*
2013  $23,820
2014  $24,270
2015  $24,930
2016  $25,370

*18% of “earned income” for the preceding year to annual limit

Year TFSA Annual
Limit
Cumulative
Total
2009-2012  $5,000  $20,000
2013  $5,500  $25,500
2014  $5,500  $31,000
2015  $10,000  $41,000
2016  $5,500  $46,500

 

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