tax deferred/tax shelter


"Success seems to be largely a matter of hanging on after others have let go."
Author Unknown
Tax Deferred
Using products which allow taxes to be postponed until a later date. i.e. RRSP's, Annuities. 

Tax Sheltered (Sheltering)

Revenue Canada allows insurance companies to issue these plans and maintain their tax sheltered status as long as they satisfy certain conditions i.e. Universal Life can be a way to accumulate wealth on a tax sheltered basis. 

 

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 Zulak Financial Group Ltd.