Ranked better than Bay Street
We recently received five-out-of-five from a top consumer research group for the second year in a row, providing our clients with better overall satisfaction than the biggest firms on Bay Street. If you want exclusive service and advice from financial experts who truly put physicians first, invest with MD this RSP season.
Looking for faster savings growth?
A pre-authorized contribution (PAC) plan from MD makes it easy to invest on a regular basis. You can apply this strategy to your RSP, TFSA and non-registered accounts and significantly accelerate your savings.
How it works: Instead of investing $4,800 at the end of the year consider investing $400 per month via a pre-authorized contribution plan. If your portfolio were to grow at 5% compounded annually over the next 20 years, this strategy would enhance your returns by more than $6,000.2
Consider applying this discipline to each of your accounts, and watch your savings grow.
Make the most of your tax savings
An MD advisor can help you balance your RSP and TFSA investments and make the most of your tax savings this year and every year.
| RSP | TSFA | |
|---|---|---|
| 2011 contribution deadline | Feb 29, 2012 | N/A |
| Contribution limit | $22,450 for 2011 $22,970 for 2012 |
$5,000 for 2012 |
| Carry forward unused contribution room? | Yes | Yes |
| Tax-deductible contributions? | Yes | No |
| Tax on withdrawal? | Yes | No |
| Eligible for MD PAC plan? | Yes | Yes |
You can start a pre-authorized contribution plan with as little as $25/month. Speak to an MD advisor today for advice on what works best for your specific situation.
1 The Summer 2011 Fee-based Report published by Investor Economics indicated that, among the ten largest private investment counsel firms in Canada, MD Private Investment Counsel was the leader in terms of relative and absolute growth for the year ended June 2011.
2Assumes a monthly payment made at beginning of each month for 20 years. In the case of the TFSA, assumes that deposits are made beginning in 2012, that no previous TFSA deposits have been made and that the individual is eligible for the TFSA.
