Savings Plans & Tax Free Savings Accounts
The Wealth Coaches and Solid Financial Solutions Inc., are pleased to announce that we are now able to offer eligible precious metals investments into Registered Retirement Savings Plans and Tax Free Savings Accounts to help savers diversify their portfolios with gold and silver investments.
You may request more information by clicking the Request a Quote button below.
"We can now help investors allocate their Registered Investments towards real, tangible, historical money, Gold & Silver.
Our provider, Solid Financial Solutions, has strategic alliances with both governmental and private bullion mints offering precious metal investments and certified Brinks storage, and is an A+ rated BBB Alberta-based provider of personal financial solutions.
Diversifying your RRSP or other registered savings plans into physical gold and silver has never been easier!
(click the image to learn more about precious metals)
RRSP's Basics - What is an RRSP?
We can help you diversify your RRSP, TFSA and LIRA into physical gold and silver bullion to provide a counterweight to the rest of your investment portfolio.
Available for all Registered Savings Plans including RRSP, LIRA, TFSA, RESP, LIF, RRIF.
Physical Gold and Silver held in your account name only
Unlike gold certificates or other “paper” investments, your account holds the exact physical bullion you invested in.
Fully Insured Storage
Your physical gold and silver is insured by both Brinks Canada and our broker, with additional account protection provided by CIPF (Canadian Investor Protection Fund).
All registered bullion investments can be sold back to us with the proceeds returned to your account quickly.
If you decide to de-register your funds and take physical possession of your bullion it can be quickly shipped to you directly from the Brinks storage facility.
An RRSP, or Registered Education Savings Plan, is the Canadian equivalent of the 401K in the USA. Taxpayers can make annual contributions to their own or a spouse's retirement savings plan, subject to annual and cumulative carry-forward limits.
Contributions to a plan earn a tax-deductible contribution for the contributor equivalent to the total amounts invested throughout the taxation year, and can be wholly, partially, applied against earned income within the current taxation year, or or optionally carried forward to future taxation years for deduction in those years, provided the contributions meet certain limits.
Contributions earn tax-free compounded growth until withdrawn from the plan, whereby the withdrawals are taxed according to then-established taxable amounts.
The time-compounding tax-sheltered growth of the earnings can be truly life-changing compared to investing the same amounts in non-tax-sheltered investments where earnings are taxed annually on the growth of the investment plan. See the illustration below.
Investors are free to select their own investment product mix in which to invest their contributions during the life of the RRSP plan. Eligible investments can include, stocks, bonds, mutual funds, precious metals, real estate, and a variety of other eligible investments subject to the rules established by the Canada Revenue Agency here.
At this unique time in history, we recommend holding over-weighted proportions of your retirement portfolio in both gold and silver bullion, bars, and coins. A weighing of 75% silver and 25% gold is the recommended ration given the historically undervalued price of silver relative to gold. See our Gold & Silver Education section to better understand the rationale for precious metals at this time.