Savings form the basis of all good financial planning. Every amount you save helps you reach your financial objectives—maintaining your current standard of living during your retirement, acquiring a financial cushion to meet contingencies, providing a good education to your children, or simply fulfilling your dreams and carrying out your favourite projects.

	Tax-Free Savings Account
	The proposed TFSA is a registered savings account that allows taxpayers to earn investment income tax-free inside the account. Contributions to the account are not deductible for tax purposes, and withdrawals of contributions and earnings from the account are not taxable.
	Retirement Savings Plans
	Retirement savings plans ensure that you have a comfortable retirement while reducing your taxable income. At Precision Insurance, we offer a flexible registered retirement savings plan (RRSP). We also offer a locked-in retirement account (LIRA) to persons who have changed employers and wish to transfer amounts accumulated in their pension funds.

	Education Savings Plans
	Build up a tax-sheltered fund to finance a child’s post-secondary education. A registered education savings plan (RESP) is the ideal financial vehicle to help you defray mounting education costs.

	Non-Registered Savings Plans
	Non-registered savings plans allow you to accumulate savings to carry out your plans or increase your retirement income.

	Retirement Income Plans
	You are a young retiree? We offer several types of plans to help you manage the savings you accumulated throughout your working life. These plans are designed to meet your new financial needs and help you make the most of your retirement.

Your Retirement Income Requirements (calculator)

Your Investor Profile