Insights
CANADA PENSION PLAN – PART 1 : WHEN SHOULD I APPLY?
In Part 1, I set the stage for understanding CPP with the rules and impact of interest rates AND marginal tax rates (including OAS clawback) on receiving CPP at different ages.
CANADA PENSION PLAN – PART 2 : OTHER FACTORS TO CONSIDER
In Part 2, I would like to touch on some of the other factors that are relevant in relation to the decision about when to take CPP. These factors include: Health Factors, Flexibility VS Guarantees...
LIFE INSURANCE – PART 3 : PERMANENT INSURANCE (CONTINUED)
In this article, we finish with the following details: Universal Life (UL) and Whole Life (WL) in more detail Pricing Issues and lapse rate Capital Gains tax, Tax on RRSPs and RRIFs and Joint...
LIFE INSURANCE – PART 2 : PERMANENT INSURANCE
I could write a book on Permanent Insurance, but I will do two articles on it, covering: Reasons for Permanent Insurance (PI) Types of PI and Initiation to Mortality Curve Tax Environment of...
LIFE INSURANCE – PART 1 : HOW TO USE IT TO PROTECT THE ACTUARIAL VALUE OF YOUR PENSION
My Transfer Value (TV) articles were complex but your pension can be your biggest asset and what’s at stake cannot be taken lightly. Life Insurance is the same. It’s a complex topic too, but it...
TRANSFER VALUE – PART 2 : SPECIAL ISSUES TO CONSIDER
In my last article related to Transfer Value (TV), I noted that there are a number of issues that you need to consider before opting for the TV. They include the following issues: Specific math...
TRANSFER VALUE – PART 1 : IS THIS AN OPTION FOR ME?
In this article, we will deal with issues directly related to Transfer Value (TV). Be aware, the realities of a TV pertain to each specific pension plan and the legislation to which it pertains, and...
THE FACTS ABOUT LIFE INSURANCE – PART 3 : CRITICAL ILLNESS AND LONG TERM CARE INSURANCE EXPLAINED.
In this article I explore two relatively new types of insurance. I refer to these plans as “Living” Insurance for one good reason. These relatively new plans do not pay out an amount when an...
THE FACTS ABOUT LIFE INSURANCE – PART 2
In this article we will cover the 3 permanent plans and some important uses of life insurance. Unfortunately many people believe that life insurance is not a useful tool in their planning process...
THE FACTS ABOUT LIFE INSURANCE – PART 1
This article provides you with a short general summary that explains the basis for insurance and then describes one form of life insurance, Term 10-Term-20, that can be used in a number of different...
