Happy New Year!!!
We are now approaching the end of January, beginning of February, and there are a couple of important dates and reminders for you to consider if you hold RRSP’s and TFSA accounts.
1. March 1, 2018 – Deadline to make an RRSP contribution for 2017 tax year
For an RRSP contribution for 2017, please call or email to discuss. There are a couple of methods to contribute via:
Cheque payable to HollisWealth
Online banking – Select payee HollisWealth – Industrial Alliance Securities Inc. and your new HollisWealth IA account # which can be found on statements and should begin with 38
Cash/In Kind Transfer from HollisWealth Cash account
2. 2018 TFSA Contributions
For 2018, the maximum TFSA contribution limit as of now is $57500, which means an additional $5500 in contribution room for the 2018 calendar year. This would be a great time to arrange for a contribution into your TFSA account to take advantage of the increased limit. Please contact us if you are interested in taking advantage of this opportunity.
3. Tax Slips for 2017 Tax Year
Please take note that for the 2017 tax year you will be receiving tax slips from both Scotia Capital Inc. as well as Industrial Alliance Securities Inc. If you have been signed up for online access through My Portfolio – you will be receiving tax slips through e-delivery unless you have indicated otherwise.
Scotia Capital Inc. – Period from January to July
Industrial Alliance Securities Inc. – Period from August to December
Also, a quick reminder that HollisWealth®, a division of Industrial Alliance Securities Inc. is now sending quarterly statements to account holders. If you would like to receive monthly statements, please contact us either through telephone or email. If you have any further inquiries or would like to discuss your investments please contact Hang or Shawn at 604-895-3355 or plloyd.assistant@holliswealth.com to arrange for an appointment.
Thanks very much,
Patricia Lloyd