TFSA / RRSP
DID YOU KNOW???
You can hold PHYSICAL GOLD AND SILVER in your RRSP or TFSA account!!!
Self–Directed Precious Metals Accounts
Durham Precious Metals is proud to offer our customers the opportunity to hold Physical Precious Metals in Self-Directed Registered Accounts.
Self-Directed Registered Accounts allow you to make your own investment decisions while maintaining the tax benefits associated with such accounts. You’ll be diversifying your investments by choosing to open your Registered Account with us.
Precious metals have long been recognized for their intrinsic value and as a hedge against economic uncertainties. As investors seek to weather volatile markets and safeguard their financial futures, these timeless assets remain steadfast pillars in their strategic approach.
Registered Accounts eligible to hold precious metals:
- TFSA – Tax -Free Savings Accounts
- RRSP – Registered Retirement Savings Plan
- FHSA – First Time Home Buyers Savings Account.
- RESP – Individual and Family Registered Education Savings Plan
- LIF – Life Income Fund
- RIF – Retirement Income Fund
- LIRA – Locked-in Retirement Account
Benefits of a registered precious metals account:
Stability in Volatile Markets: The stock market can be highly volatile, causing concerns for many investors. The stability of physical gold and silver, even during market downturns, can act as a buffer and offer a sense of security in uncertain times. As timeless assets, they have the potential to safeguard wealth, provide tax benefits, and act as a counterbalance to market volatility.
Diverse Asset Classes: Including physical gold and silver in retirement plans enhances portfolio diversification. Precious metals act as distinct asset classes, having a low correlation with other assets such as stocks, bonds, or mutual funds. This can help mitigate risks associated with market fluctuations.
Tax Advantages: Eligible for the same tax benefits associated with Registered Accounts. Both TFSA and RRSP accounts provide unique tax advantages. Holding physical gold and silver within these accounts can help investors leverage tax-free growth and deferred taxation benefits.
Full Ownership: You maintain full ownership of your physical metals at all times.
Secure Storage: All your metals are stored in a maximum storage facility approved by (IIROC) Investment Industry Regulatory Organization of Canada.
Insurance: All your physical precious metals held within these registered accounts are fully insured.
Inventory Report: Your gold and silver are allocated and segregated, meaning, each client receives a titled, itemized inventory report complete with serial numbers.
Audit: Your stored gold and silver are available for a complete audit at any time.
Low storage fees (1%)
First Time Home Buyers: Offers the ability to benefit from the first-time home buyers’ incentives through the First-Time Home Buyers Savings Account.
Durham Precious Metals is a registered bullion dealer with Questrade, one of Canada’s largest online brokerages. Questrade is a member of the (CIPF) Canadian Investor Protection Fund. All accounts with Questrade are regulated by the (IIROC) Investment Industry Regulatory Organization of Canada. The maximum security storage facility where precious metals are stored is also IIROC approved and your physical metals are fully insured.
Start to Finish: Durham Precious Metals guides you through the entire process, answer any questions you may have, and insures a smooth transfer.
Call Durham Precious Metals today and book your free consult and lets get started!
Or book your free consult in the calendar below!
Disclaimer: Durham Precious Metals is a precious metals dealer. We are not a financial services company or financial adviser. Durham Precious Metals does not provide advice relating to registered accounts including RRSPs, TFSAs, etc. Durham Precious assists with the buying, selling, storing, and servicing of investors’ needs regarding physical gold and silver products.
Questions? Book a FREE Consultation!