Ayodeji Adeyemo, Gold Legacy Earner
Assurance Financial Group Inc. has recognized Ayodeji Adeyemo as a Gold Legacy Earner, deserving of
In the 2008 budget, the Canadian government introduced a new personal savings vehicle called the Tax-Free Savings Account (TFSA), aimed at helping Canadians save for various purposes throughout their lifetime. Some consider this account to be one of the most significant personal savings options for Canadians since the introduction of the RRSP in 1957.
Starting from January 2, 2009, individuals have the opportunity to contribute to a TFSA, which can encompass a mix of eligible investment vehicles, including cash, stocks, bonds, GICs, segregated funds, and mutual funds. The growth of funds within the TFSA is tax-free.
The Tax-Free Savings Account provides a contribution room of up to $6,000 in the tax year 2022. Interest generated on investments within your TFSA is not subject to taxes. The TFSA is designed to serve as a tax-preferred or tax-sheltered vehicle for saving money.
Overcontributions can pose a concern. If you contribute more than the allowed amount in a calendar year, the government imposes a penalty of 1% per month, starting from the month the excess contribution was made, until it is withdrawn.
Assurance Financial Group Inc. has recognized Ayodeji Adeyemo as a Gold Legacy Earner, deserving of
Assurance Financial Group Inc. is thrilled to announce that Rayon and Paulette Whyte have achieved
Assurance Financial Group Inc. is excited to announce that Adeola Abiodun has achieved Platinum Legacy
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