RRSPs, TFSAs and Social Media at Desjardins

LÉVIS, QC, Jan. 12 /CNW Telbec/ - Desjardins Group offers its members and clients new ways to make sense of RRSPs and TFSAs, two indispensable tools to carry out your projects.

With the use of social media on the rise, Desjardins is ready to help you quickly make sense of the advantages available to you through your RRSP and TFSA.  For two hours on Wednesday, January 19 (between 2 pm and 4 pm), four tax, wealth management, stock market and financial security specialists will answer your questions in real time on Twitter.  On Wednesday, February 16, between 7 pm and 9 pm, these same experts will hold an online discussion during a chat session on Facebook.

While using social media to shed some light on specific aspects of RRSPs and TFSAs can be very useful, the fact remains that the best people to advise caisse members when it comes to their retirement objectives is still the financial advisor or financial planner of their caisse.

Moreover, the blog of Jean-Rémy Deschênes, Wealth Management Business Coordinator, will continue to be online on the Desjardins site. The excellent advice provided by this expert will shed more light on the motivation behind and the reasons for contributing to one's RRSP, TFSA, or both. "Too often we hear people say that contributing to one's RRSP or TFSA is not worthwhile. This reasoning doesn't really make any sense, particularly for people who have the ability to save", stated Mr. Deschênes. "Saying no to a TFSA and RRSP is like saying no to thousands of dollars in potential tax savings every year. This is very significant because the tax bill often represents that largest expense in the budget."

About Desjardins Group

Awarded the coveted title "Bank of the Year 2010 - Canada" by the UK magazine The Banker, Desjardins Group is the leading cooperative financial group in Canada and the sixth largest in the world, with assets of over $175 billion. Drawing on the strength of its caisse network in Québec and Ontario, and its subsidiaries across Canada, it offers a full range of financial products and services to its 5.8 million members and clients. Desjardins specializes in Wealth Management and Life and Health Insurance, in Property and Casualty Insurance, in Personal Services, in Business and Institutional Services. As one of the largest employers in the country and one of Canada's 10 Most Admired Corporate CulturesTM of 2010, Desjardins is supported by the skills of its 42,200 employees and the commitment of near 6,000 elected officers. For more information, visit www.desjardins.com.


For further information:

(for journalists only)
Francine BlackBurn,  Media Relations Advisor
Desjardins Group
514 281-7000, ext. 7544 or 1 866 866-7000, ext. 7544

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