Executive Benefits

Executive Benefits

Attracting and retaining key employees is an important issue for many businesses. Providing innovative benefits and compensation plans are keys to rewarding and retaining these individuals.
Who's this for?
  • Business Owners
  • Key Person
  • Executives
  • Shareholder
Benefits
  • Reward Key Employees
  • Retain Key Employees and Shareholders
  • Minimize the impact on your business if key employees, shareholders or business owners were to become disabled, critically ill or die
  • Retire or lower debts if key employees, shareholders or business owners were to become disabled, critically ill or die

Latest News

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

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

Both TFSAs and RRSPs can be significant savings vehicles for your clients. We’ve put together an article to help your clients easily understand the differences between them – with one section focussing on differences in deposits and one focussing on differences in withdrawals.

The deposit section focuses on:
• How much contribution room is available each year
• How carry forward works for TFSAs and RRSPs
• Tax deductibility of contributions
• Tax treatment of growth

The withdrawal section focusses on:
• Conversion requirements
• Tax treatment of withdrawals
• Impact of withdrawals on government benefits
• Impact of withdrawals on contribution room