by Financial Tech Tools | Dec 2, 2024 | Blog, estate planning, financial advice, tax
A common belief among Canadians is that they will be taxed on money they inherit. However, Canada does not impose an inheritance tax. Instead, after someone passes away, their final tax return must be filed, covering the income they earned up to the date of death. Any...
by Financial Tech Tools | Nov 5, 2024 | Blog, Family, investment
The Registered Disability Savings Plan (RDSP) is a government-supported savings program tailored to help individuals with disabilities and their families secure financial stability. It is a powerful tool for long-term savings, offering unique benefits that can...
by Financial Tech Tools | Oct 1, 2024 | Blog, Business Owners, group benefits
In the competitive landscape of today’s business world, an effective employee benefits program stands as a cornerstone of organizational success. Such programs not only serve as magnets for top talent but also highlight an organization’s unwavering...
by Financial Tech Tools | Sep 2, 2024 | Blog, Debt, disability, disability insurance, Family, financial advice, Financial Planning, individuals, insurance, RDSP
Taking charge of your family’s financial well-being through effective budgeting is a crucial step in securing a brighter future. We’ll explore the significance of budgeting and provide practical tips to help you manage your money wisely while ensuring the...
by Financial Tech Tools | Aug 6, 2024 | Blog, Business Owners, disability, disability insurance, Family, farmers, financial advice, health benefits, incorporated professionals, individuals, insurance, Professionals
If you cannot work because you are seriously injured or ill, disability insurance will provide you with a monthly, tax-free income to help replace your lost wages. An injury does not have to be as blatant as a broken leg or arm – suffering from chronic pain or...