Desjardins Financial Security offers to help savers plan their TFSA contributions

    TORONTO, Oct. 21 /CNW Telbec/ - Starting today, Desjardins Financial
Security is giving Canadians a chance to get a head start on their 2009
savings resolutions by investing in a DFS Transition account, which can be
converted into a Tax-Free Savings Account (TFSA) in January 2009. The DFS
Transition account offers a competitive interest rate and the money invested
in the account can be transferred, free of charge, to a TFSA as of January 1,
    Touted as the biggest change to the Canadian savings landscape since the
introduction of the RRSP in 1957, TFSAs will provide savers with greater
flexibility for managing their savings tax-free, as well as tax benefits both
while they are saving and once the time comes to make a withdrawal. Thanks to
a wide range of eligible investments, including the Helios Guaranteed
Investment Funds Contract and guaranteed deposits, Desjardins Financial
Security's TFSA is an excellent tool for Canadians who want to optimize their
savings strategy.
    "Given the current economic climate, many Canadians will be looking for
investments that provide good returns while offering stability in the mid- to
long-term. A TFSA with Desjardins Financial Security, invested in a Helios
Guaranteed Investment Funds Contact, could help our clients reach two goals at
once," says Claude Paré, Senior Director of Product Development and Marketing,
Individual Savings, at Desjardins Financial Security.

    About Desjardins Financial Security

    Desjardins Financial Security, a subsidiary of Desjardins Group, the
largest integrated cooperative financial group in Canada, specializes in
providing life insurance, health insurance and retirement savings products to
individuals and groups. Every day, over five million Canadians rely on
Desjardins Financial Security to ensure their financial security. Desjardins
Financial Security employs nearly 3,900 people and administers over
$22 billion in assets from offices in several cities across the country,
including Vancouver, Calgary, Winnipeg, Toronto, Ottawa, Montréal, Québec,
Lévis, Halifax and St. John's. For more information please visit

For further information:

For further information: Isabelle Truchon, Desjardins Financial
Security, (514) 350-8700, extension 8668, Toll free: 1-877-750-8700, extension
8668; Virtual newsroom:

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