Fidelity T-SWP™ is a free cash-flow service that allows investors to tap into non-registered investments in a more tax-efficient way. It can serve as an alternative to a traditional systematic withdrawal plan (SWP), or as a complement to other income strategies, such as GICs.
Most of the cash flow investors receive through T-SWP is not taxed, because it is treated as part of the money originally invested. This allows tax to be deferred until the initial investment is depleted or sold.
Fidelity T-SWP™
Benefits of T-SWP
Fidelity T-SWP is a service that lets you
- enjoy sustainable cash flow (available in a 5% or 8% cash flow option)
- defer tax
- capitalize on tax-favoured dividends and capital gains
- potentially reduce government clawbacks on income such as Old Age Security
- help preserve or even grow investments for the future
- access your money when you need it (unlike most GICs or annuities)
Related information
