December is the time to check your RESP withdrawal strategy to help cut any taxes
The Canada Revenue Agency has provided new guidance on what is considered a “reasonable” expense for educational purposes.
December 12, 2022
The Canada Revenue Agency has provided new guidance on what is considered a “reasonable” expense for educational purposes.
Few people will go through life without buying insurance of one kind or another. But there are so many different varieties, and so many things to consider, you need a guide to the essentials.
It’s not about predictable things; buying in the community, giving money for an RESP or tuition, helping someone feel better, are great contributions.
Allison Nichol Longtin and her husband were united in their love of planning and making plans work. And yet, they didn’t have a plan for the worst-case scenario. When he died, there was no will. But there was life insurance.
Knowing how much you need to save based on how old you are now can start you on the path to help you reach your retirement goals. There are a few simple formulas that you can use to come up with the numbers.
Without a doubt, life insurance is valuable protection provided by your employee benefit plan, but should it be the only life insurance coverage you have? Probably not, if you want to ensure you have long term protection sufficient to cover all your family’s financial needs should you die unexpectedly.
Many young people have never had discussions with their parents about matters related to matters such as the transfer of family assets, designation of power of attorney, or other money and financial affairs.
Executives need to carefully plan for retirement, especially as their ongoing expenses may be higher and they will need to save more to support their lifestyle in retirement.