Recently I have been working with several of our clients to determine how best to use current assets for retirement income and how best to maximize the after-tax value of their residual estate. When retirement planning starts, the...
“The merits of the TFSA make it a high-priority investment option” PwC February 28th, 2013 We continue to find Canadian’s who are not completely aware of the importance and benefits of a Tax Free Savings Account. We have, and will...
‘Tis the season for taxes. If you are one that chooses not use the valued services of an accounting professional, the link below may assist with your filing. As a National Bank client, you can take advantage of a 20% discount...
• $7,200 The amount of Grant (CESG) available to every Canadian Resident Child for their post secondary education • $2,500 The amount of annual contribution in 2007 or later to attract CESG (20%). Ex. A $2500...
Recently I reviewed a client’s policy, Mrs. X. She is a 56 year old woman carrying $150,000 in 10 year term insurance. This policy renews January 2013. In January the policy will renew for $68.63 monthly for 10 years, from $...
Monday November 26, 2012 Ted Menzies, the minister of state for finance, and Revenue Minister Gail Shea made the announcement that Canadians will be able to contribute $5,500 to their TFSA effective January 1, 2013. In light of this, we thought we...
The current low interest rate environment could lead to increased interest rates. Those who currently need insurance, or will be needing additional coverage soon (ie...pregnant) should contact Diane Nash sooner, rather than later. An article...