The 2022 Investment Season is almost here!  RRSP limits for 2021 and 2022 are $27,830 and $29,210 respectively; the deadline for RRSP contributions for the 2021 tax year is March 1, 2022.  The TFSA limit for 2022 is $6,000; you can deposit up to $81,500 ($163,000 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*
2021 $27,830
2022 $29,210

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

Year TFSA Annual
Limit
Cumulative
Total
2009-2012 $5,000 $20,000
2013-2014 $5,500 $31,000
2015 $10,000 $41,000
2016-2018 $5,500 $57,500
2019-2022 $6,000 $81,500