{"id":1416,"date":"2021-04-29T09:30:47","date_gmt":"2021-04-29T13:30:47","guid":{"rendered":"https:\/\/fortax.ca\/?p=1416"},"modified":"2022-10-18T21:55:28","modified_gmt":"2022-10-18T21:55:28","slug":"be-shrewd-with-your-savings","status":"publish","type":"post","link":"https:\/\/evolvethought.com\/fortax\/2021\/04\/29\/be-shrewd-with-your-savings\/","title":{"rendered":"Be Shrewd With Your Savings"},"content":{"rendered":"<style>\n.page-title-inner {display: none;}<br \/>\n.entry-header-text-top {display: none;}<br \/>\ndiv#comments {display: none;}<br \/>\n.entry-author {display:none;}<br \/>\nfooter.entry-meta {display: none;}<br \/>\n.subul {margin:0;list-style:revert;}<br \/>\n<\/style>\n<h1>Be Shrewd With Your Savings<\/h1>\n<p>Cash flow management is vitally important to your wealth strategy. Debt management, planning for your taxes, and smart budgeting will bring you to next tax season feeling flush.<\/p>\n<p>A Tax-Free Savings Account (TFSA) is a great place to sock away savings each month. For next year\u2019s tax bill; or for retirement; or most other savings goals you have. You can withdraw money at any time, for any reason. With your TFSA account, all withdrawals are tax-free.<\/p>\n<p>The tax-sheltered feature of a TFSA is utilized fully by holding investments in it. This is the true power of a TFSA. Ask your FORTAX Financial Advisor to help create an investment plan. You need to know the rules about contributing to, withdrawing from, and replacing funds in your account.<\/p>\n<p>Unlike a Registered Retirement Savings Plan, you won\u2019t receive a tax deduction. However, you will get a lifetime savings strategy that is permanently tax sheltered.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Be Shrewd With Your Savings Cash flow management is vitally important to your wealth strategy. Debt management, planning for your taxes, and smart budgeting will bring you to next tax season feeling flush. A Tax-Free Savings Account (TFSA) is a great place to sock away savings each month. For next year\u2019s tax bill; or for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1418,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[72],"tags":[],"class_list":["post-1416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fortax-blog"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.2 - aioseo.com -->\n\t<meta name=\"description\" content=\"Be Shrewd With Your Savings Cash flow management is vitally important to your wealth strategy. Debt management, planning for your taxes, and smart budgeting will bring you to next tax season feeling flush. A Tax-Free Savings Account (TFSA) is a great place to sock away savings each month. 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