Are you tired of paying through the roof in taxes? Let us show you some simple investment strategies which can lower your taxes and put more of your money back in your pocket. Defer Your Taxes One way to lower your taxes is to defer them into future years. The reason to do this is […]
When naming a beneficiary for each of your financial assets, the obvious choice may not always be the best choice. You should consider tax and estate planning implications, among other things. We have listed important items you should consider when naming beneficiaries for major financial assets: Tax-Free Savings Accounts With a Tax-Free Savings Account (TFSA), […]
It seems like it happens in the blink of an eye. One minute you’re cradling your newborn, the next you’re dealing with an ornery teenager. Life changes significantly as your children age, and you have to consider more than coping with mood swings. These money tips from your financial advisor at The Beacon Group of […]
You love your grandchildren and you spoil them rotten, but beyond frivolous gifts like candy and toys, you would love to give them a good financial start in life by gifting them money. It goes without saying that a cash gift is not nearly as exciting as a new bike, but your grandchildren will greatly […]
When you own your own business you might live under the mantra that your business is your retirement plan. This can sometimes work out to be true, but it’s not always a guarantee. You do not want to enter your retirement years without a solid financial plan already in place. It’s not enough to rely […]
Naming beneficiaries for your RRSP and RRIF investments is not an easy process. There are many different options, each with their own benefits and tax implications. Beneficiary designations for these accounts are an important part of the estate planning process. Possible beneficiaries for your RRSP and RRIFs include your current spouse or your children/grandchildren. In […]
*The opinions expressed are those of the author and not necessarily those of Assante Financial Management Ltd.