Looking for a fantastic interest rate on your savings for retirement? When the time comes for retirement, an RRIF Savings account from Carte Wealth Management Inc. will let you take out the income you need while still reaping the benefits from a Carte RRIF Savings Account.
Any interest earned for your RRIF is sheltered from tax. However, you will have to pay income taxes on mandatory minimum RIF Payment Amounts. You can also make withdrawals on your RRIF payment but they will be subject to income taxes. Contact us today if you need additional or info or have any questions. Our staff will be more than happy to answer any questions that you may have.
