Buying a life insurance policy is a substantial first step in creating a financial sound future for your family. However, the benefits of your policy can be just as effective during your life. Explore how your life insurance policy can help create a strategic cash flow plan for college or retirement.
Canadian employers typically offer full-time workers a group benefits plan with health and dental coverage. However, many Canadians may be without benefits, such as those who are self-employed or unemployed, those in contractual, seasonal or part-time positions (gig workers), or stay-at-home parents with no spousal coverage.
Nobody likes to think about the “what ifs,” but they can happen. Life insurance is a way to ensure some peace of mind that your loved ones will be supported in the event of your death
[PDF] 2021 Tax Rate Card from Manulife Investment Management, is a handy one pager filled with all the current rates including marginal tax rates, federal tax brackets and tax credits, RRSP contribution limits, CPP contribution limits and benefits and much, much more!
How they can benefit you? Here are some key benefits.
You’re not alone. Solutions For Financial Planning, Winter 2020