
Accounts
At Investco Financial, we provide a variety of account types tailored to suit your financial needs. With options that offer flexibility, security, and tax efficiency, you can confidently grow and protect your wealth.
Chequing Accounts
Whether you're paying bills, making purchases, or handling everyday transactions, our chequing account provides the flexibility and convenience you need. Stay in control of your finances with a reliable account designed to support your day-to-day banking needs
Whether you’re paying suppliers, handling employee wages, or managing your cash flow, our business chequing account offers the flexibility and control you need. With secure, easy-to-use features, we help you focus on what really matters—growing your business.
Savings Accounts
An RESP is a tax-advantaged savings plan designed to help parents save for their child's post-secondary education. Contributions to an RESP may qualify for government grants, making it an efficient way to save for educational expenses.
This type of account offers higher interest rates compared to traditional savings accounts. It's ideal for individuals looking to maximize the growth of their savings while maintaining easy access to their funds.
Non-registered accounts refer to investment accounts that are not registered with the government for tax purposes. They offer flexibility in investment choices and may provide tax advantages on capital gains and dividends.
Tax-Free Accounts
A TFSA allows individuals to save and invest money without paying taxes on the investment gains. It offers flexibility in withdrawals and can be used for various savings goals, including short-term expenses or long-term wealth accumulation.
This account is designed specifically to help individuals save for their first home. It typically offers incentives such as higher interest rates or government bonuses to accelerate savings towards a down payment.
Retirement Accounts
An RRSP is a tax-deferred savings plan aimed at helping individuals save for retirement. Contributions to an RRSP are tax-deductible, and investment growth is tax-sheltered until withdrawal, making it a popular choice for retirement savings.
A RRIF, LIF, and LIRA are Canadian retirement income accounts that convert your retirement savings into regular retirement income, with tax-deferred growth until withdrawal.
Annuities provide a reliable stream of income either for life or a specific period. They are beneficial for individuals seeking financial security and a stable income source during retirement or other stages of life.