Posts by AdminRFinc
Five ways to benefit from new TFSA limits
By Brenda Spiering, Editor, BrighterLife.ca The new federal budget tabled in the House of Commons on Tuesday increases the annual TFSA contribution limit from $5,500 to $10,000. That’s good news for Canadians. Whether you’re looking for a tax-sheltered way to save for a down payment on your first home or you’re getting close to retirement…
Read MoreLiving Benefits – Back to Basics
Source: Manulife Financial
Read MoreThe value of Advice
Source: Manulife Financial
Read MoreWhere to stash your cash: RRSP or TFSA?
By Brenda Spiering, Editor, BrighterLife.ca Confused about the best savings option for your needs? You’re not alone. Ever since the federal government introduced the Tax-Free Savings Account (TFSA) in 2008, there’s been debate about whether a TFSA or a Registered Retirement Savings Account (RRSP) is the best place to stash your cash. Both provide tax…
Read MoreYear End Tax Tips
With the New Year fast approaching, now is a good time to consider ways to improve your tax position. There are still many time-sensitive issues that you should address before January 1 and in early 2015 that can help take a bite out of your 2014 personal income taxes. RSP Contributions Contribute to an RSP…
Read MoreFour estate planning questions
By Kevin Press, BrighterLife.ca Hearing that you ought to update your will is little bit like being told to take up jogging. Everybody knows it’s the right thing to do, but that doesn’t make it any easier to get started. Douglas Gray has made it his mission to do exactly that. The former lawyer left his…
Read MoreFive Financial products You Should Own
By Brenda Spiering, Editor, BrighterLife.ca You don’t need to be born with a silver spoon in your mouth to build wealth. With the right products, you can grow and protect a healthy nest egg. Here are five key financial products that should be part of your plan: 1. Registered Retirement Savings Plan (RRSP) As soon…
Read MoreLife Settlement
By: Robert Lawrence The life settlement industry was propelled into popularity by the viatical settlement industry. History has shown us that the early adopters of life settlement were those who were suffering from AIDS and who had only a couple of years to live. They sold their insurance policies assuming they would get immediate cash…
Read MoreCritical Illness for Juveniles
Many people recognize the need for Critical Illness insurance to protect them from the financial risk that could result if diagnosed with a life threatening illness. Although a difficult subject to think about, children should also be protected from this risk as well. If our children were to become ill the emotional and financial toll…
Read MoreRegistered Retirement Savings Plans (RRSPs) – Simply Put
RRSPs are a great way to save for your retirement. A registered retirement savings plan can help you achieve financial stability for later life. Did you know the Canadian government gives financial incentives to help you save for your retirement? Simply put, a Registered Retirement Savings Plan, or RRSP, is a special type of savings…
Read More