THIS IS GREAT FOR SENIORS WHO REQUIRE INCOME FROM INVESTMENTS

Fidelity T-SWP™

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.

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)