December 19, 2022
Benefits of RESP in Canada
A Registered Education Savings Plan (RESP) is a tax-sheltered savings plan designed to help Canadians save for a child’s post-secondary education. Contributions to an RESP are not tax-deductible, but the investment income earned in the plan grows tax-free until it is withdrawn to pay for a child’s education. There are several benefits to opening an…
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December 16, 2022
Saving for Kid’s Future
As a parent, one of your top priorities is likely ensuring that your children have the best possible future. This includes providing them with a good education and setting them up for financial success. In Canada, there are several options for saving for your children’s future and education, including RESPs, GICs, and life insurance policies.…
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December 16, 2022
Insurance for Kid’s Education and Future
As a parent, one of your top priorities is likely ensuring that your children have the best possible future. This includes providing them with a good education, which can be a significant financial burden. With the rising cost of tuition and other education-related expenses, it’s important to consider ways to financially prepare for your child’s…
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December 16, 2022
Insurance for Estate Planning
Estate planning is an important consideration for anyone who wants to ensure that their assets are passed on to their loved ones in the most efficient and tax-effective manner possible. One aspect of estate planning that can be particularly challenging is dealing with capital gains tax. This tax is levied on the sale of assets…
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December 16, 2022
RESP Canada- Save for Kid’s Education
If you want to save for your children or grandchildren’s education in Canada, there is a powerful way to do so – by opening a Registered Education Savings Plan (RESP). RESPs are a type of investment account specifically designed to help Canadians save for post-secondary education. They offer several benefits that make them a great…
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December 16, 2022
Life Insurance Canada
Life insurance is an important financial planning tool that helps protect your loved ones in the event of your unexpected death. In Canada, there are various types of life insurance policies available to suit your needs and budget. These policies provide a financial safety net for your family in the event of your death, helping…
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December 16, 2022
Benefits of Segregated Funds
Segregated funds in Canada offer a number of benefits for investors. These investment vehicles are insurance products that are designed to provide financial protection for investors and their families. They offer a number of advantages over traditional investments, including: Overall, segregated funds in Canada offer a number of benefits for investors who are looking for…
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December 16, 2022
Difference Between Mutual Funds and Segregated Funds
Mutual funds and segregated funds are both investment vehicles that offer Canadians a way to diversify their investment portfolio and potentially earn a return on their money. However, there are some key differences between the two that investors should be aware of before choosing which option is right for them. First, let’s start with mutual…
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