by David Zohar | Feb 10, 2020 | Estate planing, Investment, RESP, Wealth management
“RESP’s are effective savings tools for children and are very popular with parents and grandparents. But not many people think about what will happen to RESP’s money when the individual who opened the RESP dies. “ What You Need to Know The Problem RESP’s...
by David Zohar | Feb 6, 2020 | RRSP, Wealth management
“Saving for the future is important and RRSP is a great way do so. One of the benefits investing in RRSP is that the calculated earned income is reduced by the amount of contribution and the current year tax liability is reduced.” Saving for the future is...
by David Zohar | Feb 3, 2020 | Investment
“If you have a looming short or medium-term need (under five years) that will require funds, the untaxed TFSA withdrawals is likely the right choice. For longer term, retirement needs, you’ll want to invest in an RRSP.” Whether you should invest in a...
by David Zohar | Nov 27, 2019 | Business Owners, Financial Plan, Salary, Wealth management
“Determining the best way to pay yourself through your corporation can be a daunting task but it doesn’t have to be. There are many options to choose from and before making the decision, you’ll want to consider both your personal financial circumstances and the...
by David Zohar | Apr 12, 2018 | Wealth management
The Tax-Free Savings Account (TFSA) is one of the best tools available to Canadian income investors to build their wealth. This savings scheme is not only out of the taxman’s reach, but it also gives you an opportunity to pick your own stocks, thereby deepening your...
