Investments

When is Interest Paid out ??

• At the end of the term

• On Maturity Date

• At the end of the month

How old do you have to be to open a TFSA ?

• 16

• 18

• No age requirement

How Many RRSP plan types are there ?

• 2

• 6

• 7

To use an RRSP for first time home buyers plan how long do the funds need to be in the RRSP account ?

• 30 Days/ One month

• 90 Days

• 1 Year

• No time frame

• N

For first time home buyers what is the Maximum withdrawal limit per person ?

• 10 K

• 25K

• 35K

First time home buyers plan, how long do you have to repay ?

• 5 Years

• 10 Years

• 15 Years

What is the Minimum amount to fund a GIC ?

• No Minimum

• 100

• 1000

What is the Minimum amount you can borrow for a RRSP loan ?

• We don't offer RRSP loans

• 1000

• 5000

What is the Maximum withholding tax, when doing a RRSP withdrawal ? 

• 10%

• 20%

• 30%

What is the transfer out fee for a registered product?

• No fee

• $25

• $ 50

• 2