Retirement Planning for Business Owners – Checklist

by angelina | Jun 2, 2021 | Blog, Business Owners, corporate, health benefits, life insurance, long term care, pension plan, RRSP, Tax Free Savings Account

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] As a business owner, one of your challenges is learning how to balance between reinvesting into the...

TFSA vs RRSP – What you need to know to make the most of them in 2021

by Alex Hung | Jan 21, 2021 | 2021, Blog, RRSP, Tax Free Savings Account

If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can provide significant tax savings. To help you understand the differences, we compare: TFSA versus RRSP – Differences in deposits TFSA versus RRSP – Differences...

2021 Financial Calendar

by Alex Hung | Jan 1, 2021 | 2021, Blog, personal finances, RDSP, Registered Education Savings Plan, Retirement, RRSP, tax, Tax Free Savings Account

We’ve put together a financial calendar for 2021. It contains all the dates you need to know to make the most of your government benefits and investment options. Whether you want to bookmark this or print it out and post it somewhere prominent, you’ll have everything...

Personal Tax Planning Tips – End of 2020 Tax Year

by Alex Hung | Dec 2, 2020 | 2020 Only, Blog, Charitable Gifting, Coronavirus, Coronavirus - Associates, Coronavirus - Practice Owners, Coronavirus - Retired, Coronavirus - Retiring, Coronavirus - Students, disability, disability insurance, Family, financial advice, Financial Planning, health benefits, pension plan, RDSP, Registered Education Savings Plan, RRSP, tax, Tax Free Savings Account

Now that we are reaching the end of the tax year, it’s an excellent time to review your finances. We’ve listed below some of the critical areas to consider and provide you with useful guidelines. We have divided our tax planning tips into five sections:...

Comparing TFSAs and RRSPs – 2020

by angelina | Jan 30, 2020 | 2020 Only, Blog, Family, Individuals, investment, retirees, RRSP, tax, Tax Free Savings Account

If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can both be effective options for you to achieve your savings goals more quickly. However, each plan does have distinct differences and advantages / disadvantages. We’ve...

2019 Tax Tips for Employees

by angelina | Nov 22, 2019 | 2019 Only, Blog, Estate Planning, Family, Individuals, investment, retirees, RRSP, tax, Tax Free Savings Account

[column width=”1/1″ last=”true” title=”” title_type=”single” animation=”none” implicit=”true”] Now that we are nearing year end, it’s a good time to review your finances. With the federal election...