Last month I mentioned that everyone should be saving $5000 to take advantage of the new Tax Free Savings Account. Now I’ve noticed that my broker, TD Waterhouse, has allowed people to pre-register so they have the accounts to be used first thing on January 2nd. I think this is a great idea and should allow people to avoid the lineups in January and avoid the crush of the beginning of RRSP season (although this years RRSP rush will probably be very slow).
Check your local broker to see if they allow pre-registering too. Links are below:
- RBC Direct Investing (no pre-registration)
- CIBC (pre-registration only for daily savings account, not investing account)
- BMO InvestorLine (pre-registration online)
- Scotiabank (pre-registration online)
- TD Waterhouse (pre-registration via mail or branch)
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