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

Contact

Latest News

Insurance For Physicians – What Kinds Do You Need

You’ve worked hard to become a physician and establish your practice. Now you want to make sure that you have the right kind of insurance to protect your income and share your wealth after you’re gone.

With the right kinds of insurance in place, you can:
• Protect your income stream.
• Be smart about tax planning and increase your wealth.
• Maximize your estate and leave a legacy.

Read our article “Insurance For Physicians – What Kinds Do You Need?” to learn more about how insurance can help you reach your goals.

Understanding Registered Education Savings Plans (RESPs) in Canada

Dive into the details of Registered Education Savings Plans (RESPs)! This guide covers how RESPs work, eligibility criteria, benefits, and government grants such as the Canada Education Savings Grant. Learn how to open an RESP and safeguard your child’s educational future.

Understanding Tax-Free Savings Accounts (TFSAs)

A Tax-Free Savings Account is a powerful tool to help you achieve your financial goals. Whether you’re saving for a new home, planning for retirement, or investing in your children’s education, a TFSA can be a valuable part of your financial strategy. The flexibility and tax advantages it offers make it a great choice for many Canadians.

Remember, the sooner you start, the more time your investments have to grow tax-free. Every dollar counts when you’re planning for the future, and a TFSA can help you make the most of your savings.

Don’t wait until tomorrow to start planning for your future. Contact us today to begin your journey to financial security today.

« Older Entries

Next Entries »

When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or a vacation, as its growth is entirely tax-free, while RRSPs are more suitable for long-term goals such as retirement. When comparing deposit differences, TFSAs have a limit of $6,500 for the current year, while RRSPs have a limit of 18% of your pre-tax income from the previous year, with a maximum limit of $30,780. In terms of withdrawals, TFSAs have no conversion requirements and withdrawals are tax-free, while RRSPs must be converted to a Registered Retirement Income Fund (RRIF) at age 71 and withdrawals are taxed as income.

Executive Benefits