Ontario Finance Minister Charles Sousa delivered the province’s 2017 budget on April 27, 2017. Learn what this means for business owners and families.
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Permanent life insurance, such as Whole Life or Universal Life, has long been accepted as a tax efficient way of accumulating cash for future needs. Soon the amount of funds that can be tax sheltered within a life insurance policy will be reduced by new tax rules which take effect January 1, 2017. These changes may make 2016 the best year to buy cash value life insurance.
The Corporate Extraction Strategy involves transferring a personally owned life insurance policy to a corporation for its fair market value (FMV). When handled properly, it could result in withdrawing capital from the corporation tax free!
Estate planning is essential at any stage of life.
Understanding what your company pension plan offers can help you determine how to make the most of all your retirement savings options.
All life insurance is designed to provide your loved ones with financial security when you die. When you buy a permanent life insurance policy, both the premium and benefit are typically guaranteed for the rest of your life.
Find out how you can manage risk in your portfolio by selecting a mix of investments to suit your risk tolerance, time horizon and financial goals.
Long-term care insurance provides financial protection for you and your family to help cover the cost of care, if you are unable to care for yourself.
RRSPs are a great way to save for your retirement. A registered retirement savings plan can help you achieve financial stability for later life.
Consolidating your savings can make managing your investments simpler and less stressful, and may mean more money for your retirement.