REVscene Automotive Forum - ING 2010 Kick-start TFSA

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ING 2010 Kick-start TFSA

Double your interest! From Oct 1st - Dec 31st, 2009.

Quote:

In 2010 Canadians can save an additional $5,000 without being taxed on the interest they earn in a Tax-Free Savings Account. But why wait until 2010?
We created the new 2010 TFSA Kick Start Account so you can make next year's contribution today!

We want to reward you for contributing early by giving you a bonus interest on any contributions you make between October 1st and December 31st, 2009.
On January 1st, 2010 we'll make sure your money is deposited into your official
Tax-Free Investment Savings Account with ING DIRECT.

Get the benefits of tax-free savings today! It's easy!

If you're new to ING DIRECT and want to start saving
Tax-Free click on the "Enroll Now" button. The sooner you start, the more money you'll save Tax-Free.
If you're already a Client and want to start saving even more click on the "I'm a Client let me in" button and log in to your Account. Then, click on "Open new account" and select "2010 TFSA Kick Start Account" under the TFSA section.
Open your 2010 TFSA Kick Start Account and be the first in line for tax-free savings in 2010.

http://www.ingdirect.ca/hugthetaxman/index.html

Get it quickly so you can earn more money! If you have an ING account, this is a good way to kick start the new year and get a little more interest!

Have a good one guys, hopefully this year's market won't hurt as bad as last years.

I longed the days where savings account were at a 4-5% interest rate.

Quote:

Originally Posted by itsallaboutgz (Post 6620828)

I longed the days where savings account were at a 4-5% interest rate.

hahah yeah..

Well.. It is better to have it a little more than 2% than at 1% or less.

i started the account on September 20th, so will the deposit from 20th to 30ht of September not be valid for the extra interest rate?

Quote:

Originally Posted by eddy89 (Post 6620924)

i started the account on September 20th, so will the deposit from 20th to 30ht of September not be valid for the extra interest rate?

I didn't know the account was there until the 2nd. The day I posted was the day I transferred my funds.

interest rates are so hurting that this will mean nothing.

2% of $5000 is $100, taxed at 40% == $40 tax saved.

Honestly not worth it, setup an investment account, I have a TFSA at iTrade.