1 Below are the terms and conditions that apply to the 2025 TD Investor Confidence February Offer (the "Offer") by TD Canada Trust or TD Investment Services Inc., as applicable. This Offer begins on February 1, 2025 and ends on March 3, 2025.
1. Qualifying Plan(s) (the "Plan")
A new personal or spousal TD Canada Trust Retirement Savings Plan or a new personal or spousal TD Mutual Funds Retirement Savings Plan or a new personal TD Multi-Holding Retirement Savings Plan ("New RRSP").
or
A new TD Canada Trust Tax-Free Savings Account or a new TD Mutual Funds Tax-Free Savings Account or a new TD Multi-Holding Tax-Free Savings Account ("New TFSA").
or
A new TD Multi-Holding First Home Savings Account (“New FHSA”).
The 1% Back Award (as defined in Section 3 below) does not apply to any of the following accounts (including but not limited to): Locked-in Registered Retirement Savings Plan, including Locked-in Retirement Account (LIRA), Locked-in Registered Retirement Savings Plan (LRRSP) and Restricted Locked-in Savings Plan (RLSP),Registered Education Savings Plan (RESP), Retirement Income Fund (RIF), locked-in types of RIF, and non-personal, and non-registered accounts.
2. Qualifying Products
- TD Canada Trust non-cashable Guaranteed Investment Certificate (“GIC”) with a maturity of 1 year or more
AND/OR
- The following TD Mutual Funds (excluding U.S denominated units of such investments) offer through TD Investment Services Inc:
o Fund TDB162 - TD Canadian Bond Fund - I
o Fund TDB622 - TD Monthly Income Fund - I
o Fund TDB627 - TD Dividend Income Fund - I
o Fund TDB885 - TD Comfort Balanced Income Portfolio - I
o Fund TDB886 - TD Comfort Balanced Portfolio - I
o Fund TDB887 - TD Comfort Balanced Growth Portfolio - I
o Fund TDB888 - TD Comfort Growth Portfolio- I
o Fund TDB889 - TD Comfort Aggressive Growth Portfolio - I
o Fund TDB972 - TD Dividend Growth Fund - I
o Fund TDB2440 - TD Comfort Conservative Income Portfolio - I
o Fund TDB2740 - TD Retirement Conservative Portfolio - I
3. Eligibility Requirements for the 1% Back Award
Assets transferred between $5,000 and $150,000 are eligible for a 1% Back Award (“1% Back Award” or “Award”) if:
i. The customer has met with a TD representative to set their financial goals using TD Goal Builder between January 1st, 2023 and March 3rd, 2025;
ii. A new Qualifying Plan/Plans is opened between November 1st, 2024, and March 3rd, 2025 11:59 p.m., Eastern Standard Time (the "Offer Period");
iii. Assets from $5,000 to $150,000 are transferred in from another Canadian financial institution using a T2033 form, RC720, RC721 for FHSA and Smartform for TFSA and the transfer must be initiated and submitted by a TD Personal Banker; customers who initiate and complete their own transfers will not be eligible;
iv. The T2033, RC720 and/or RC721or Smartform for TFSA is submitted between February 1st, 2025, and March 3rd, 2025 11:59 p.m., Eastern Standard Time (the "Offer Period");
v. The Assets are received from another Canadian financial institution and invested in Qualifying Product(s) by April 1st 2025 at 11:59 p.m. Eastern Standard Time;
vi. Assets are maintained in the Plan in Qualifying Product(s) until September 30th, 2025 at 11:59 p.m. Eastern Standard Time;
vii. The 1% Back Award will be paid on the total amount of assets received from another Canadian financial institution as indicated on the completed T2033 / RC720 / RC721 / TFSA Smartform and in addition to the steps listed above;
To facilitate the payment of the 1% Back Award, the Plan along with the Qualifying Products within the Plan must remain open until September 30th, 2025.
4. Calculation of the 1% Back Award
The 1% Back Award will be calculated based on aggregate book value of all transfers-in that are invested in the New RRSP or New TFSA or New FHSA as of July 2nd, 2025.
5. Deposit of the 1% Back Award
For individuals with a New RRSP, the eligible Award will be paid on or before, September 30th 2025, as set out below:
a. For a TD Mutual Funds Retirement Savings Plan: As an investment in the same series1 in the same proportion to the value of the existing series held within the New RRSP.
b. For a personal or spousal TD Canada Trust Retirement Savings Plan or a personal TD Multi-Holding Retirement Savings Plan: As a cash payment into the cash portion of the account.
For a spousal New RRSP, the eligible Award will be paid into that plan and not paid to the contributor as set out below:
i. For a TD Mutual Funds Retirement Savings Plan: As an investment in the same series1 in proportion to the value of the existing series held within the New RRSP.
ii. For a personal or spousal TD Canada Trust Retirement Savings Plan or a personal TD Multi-Holding Retirement Savings Plan: As a cash payment into the cash portion of the account.
For individuals with a New TFSA, the eligible Award will be paid on or before, September 30th 2025, as set out below:
i. For a TD Mutual Funds Tax-Free Savings Account: As an investment in the same series1 in proportion to the value of the existing series held within the New TFSA
ii. For a TD Canada Trust Tax-Free Savings Account or a TD Multi-Holding Tax-Free Savings Account: As a cash payment into the cash portion of the account.
For individuals with a New FHSA, the eligible Award will be paid on or before, September 30th 2025, as a cash payment into the cash portion of the TD Multi-Holding First Home Savings Account.
6. Tax Implications
- The Award(s) will not impact customer's contribution limits, no tax receipt will be issued.
- There may be tax implications associated with the Award(s). Customers may wish to consult with a tax advisor for more information.
- Customers are solely responsible for ensuring that no contribution to their new FHSA, new TFSA or new RSP exceeds their contribution limits under the applicable tax legislation.
7. Limitations and Exclusions
i. Customers do not qualify for the Award(s) if the Plan has been closed at time of fulfillment.
ii. The maximum 1% Back Award cannot exceed $1,500 per customer. Customers that qualified for the 1% Award as part of the 2025 TD Investor Confidence Advice Program do not qualify for the 1% award as part of the 2025 TD Investor Confidence February Offer.
iii. For a New RRSP, an individual is not eligible for the Award(s) if they: (a) have an existing personal and/or spousal TD Canada Trust Retirement Savings Plan, Daily Interest Savings Account, TD Mutual Funds Retirement Savings Plan and/or personal TD Multi-Holding Retirement Savings Plan; or (b) had an existing personal and/or spousal TD Canada Trust Retirement Savings Plan, TD Mutual Funds Retirement Savings Plan, or personal TD Multi-Holding Retirement Savings Plan that was closed on or after November 1st 2024..
iv. For a New TFSA, an individual is not eligible for the Award(s) if they: (a) have an existing TD Canada Trust Tax-Free Savings Account, High Interest Savings Account, TD Mutual Funds Tax-Free Savings Account or TD Multi-Holding Tax-Free Savings Account; or (b) had an existing TD Canada Trust Tax-Free Savings Account, High Interest Savings AccountTD Mutual Funds Tax-Free Savings Account or TD Multi-Holding Tax-Free Savings Account that was closed on or after November 1st 2024.
v. For a New FHSA, an individual is not eligible for the Award(s) if they: (a) have an existing TD Multi-Holding First Home Savings Account; or (B) had an existing TD Multi-Holding First Home Savings Account that was closed on or after November 1st, 2024.
vi. The Offer under either a New RRSP, New TFSA or New FHSA is limited to one Award per individual. The maxiumim value of the award is $1,500. An individual is eligible to receive the Award under this Offer in either a New RRSP, New TFSA or New FHSA and cannot receive the Award for multiple accounts.
vii. If an individual becomes eligible for this Award under more than 1 Plan (New RRSP, a New TFSA and/or New FHSA), the Award will be paid in the following priority:
a. into the New RRSP
b. into the New TFSA
c. into the New FHSA
viii. Employees and family members of TD Bank Group employees are eligible for this Offer.
ix. Monies cannot be transferred-in from:
a. TD Wealth RRSP² account
b. TD Canada Trust Retirement Savings Plan
c. TD Wealth TFSA² account
d. TD Canada Trust Tax-Free Savings Account.
e. TD Wealth FHSA2 account
x. This Offer may be changed, extended, or withdrawn at any time and without notice and cannot be used in conjunction with any other offer, other than as may be set out above.
8. Transfer Fees
TD Canada Trust or TD Investment Services Inc., as applicable, will not reimburse transfer fees incurred by individuals who transfer funds from another financial institution.
9. Currency
All currency referenced above is in Canadian dollars.
10. Disclosures
1If the TD Mutual Fund(s) is no longer available for new purchases; the Award will be deposited into a Money Market Fund in the name of the customer.
2Refers to the TD Direct Investing Self-Directed RRSP or the TD Direct Investing Tax-Free Savings Account or TD Direct Investing First Home Savings Account.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus, which contain detailed investment information, before investing. Mutual funds are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer and are not guaranteed or insured. Their values change frequently. There can be no assurances that a money market fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment will be returned to you. Past performance may not be repeated.
TD Mutual Funds and the TD Managed Assets Program Portfolios are managed by TD Asset Management Inc., a wholly owned subsidiary of The Toronto-Dominion Bank, and available through authorized dealers.
TD Bank Group means The Toronto-Dominion Bank and its affiliates, who provide deposit, investment, loan, securities, trust, insurance and other products or services.
Mutual Fund Representatives with TD Investment Services Inc. distribute mutual funds at TD Canada Trust.
®The TD logo and other TD trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.
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