If clients hold investments outside of registered accounts, they should always focus on the after-tax returns of those investments, says TriDelta Financial CEO Ted Rechtshaffen, in a recent column for National Post.
That’s because the higher the returns, the higher the taxes may be, he adds. So, you should help clients look past before-tax returns and offer up strategies that will help lower taxes. For example, says Rechtshaffen, investors can:
- buy stocks with no income and hold them; and
- use corporate class funds.
Read more on three additional ways to cut tax on investment income.
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