To do the best job for you, your advisor needs open an honest communication. Information that you may think is unimportant could be relevant to your plan, so full disclosure is always recommended.
Our team will help you decide between investments designed to protect, grow and diversify. You will choose the plan type that works best for you, and help you select investments that meet your needs. Plus, we offer plenty of choices, so your advisor can tailor the solution to your needs.
Your RRSP contributions are just one element of what you hope to have in place when you retire. There are many product choices and options available that can provide you with both security and growth potential.
Are you taking fully advantage or your investments? Here a few key questions.
Children give us a reason to live and a thousand reasons to hope. There is a desire to provide them with all the tools they need to succeed personally and professionally. A registered education savings plan (RESP) is the ideal financial vehicle to meet the job market’s education requirements and help you defray mounting education costs.LEARN MORE
The face of retirement has changed radically in the last decade, as people live longer, healthier lives, and traditional pensions have given way to an often confusing array of investment and income-producing vehicles.
We can combine the predictability of income with the flexibility which provides predictable and guaranteed lifetime income while at the same time, include a component that provides flexibility, growth potential.
Here are a few important points:
Reviewing your Investment Portfolio needs is a straightforward process that can have a significant impact on your future. Looking to take advantage of a portfolio review, look at your options or just a second option, we have a team in place to help you.
Insurance policies come in varying shapes and sizes. To figure out which type of policy will suit you best, how much coverage is enough, you might want to meet with an licensed agent, to help you by preparing a Financial Plan.
Find out quickly your investments options and get multiple quotes, with our insurance providers, creating your tailor-made Financial Plan.
› Accumulate the necessary funds to finance a child's post-secondary education.
› Eligible for a government grant, equal to 20% of your annual contributions to the RESP
(up to $500 per year).
› Bonus of up to 15% of the contributions to the RESP, will increase the income paid as Educational Assistance Payments (EAPs).
› The chance to watch your money grow sheltered from tax.
› Flexibility to change the plan's beneficiary.
› Withdrawals of contributions are tax-free.
› The investment income is transferable to your RRSP if the child chooses not to pursue a
Make the maximum contribution every year with an RESP loan.
• Full control of and access to capital
• Ability to make investment decisions
• Flexible withdrawals
• Possibility of outliving assets
• Money must be managed
Consider a RRIF if:
• You have considerable savings
• You are an active, involved investor
• Don’t need the lifetime income guarantees offered by life annuities
• Guaranteed income stream
• Freedom from having to make investment decisions
• Freedom from risk of outliving assets
• Lose access to capital
• Can’t change your investment options
Consider an Annuitie if:
• No worries in managing your own investments
• You are looking for guaranteed lifetime income
• This is your only income
We can combine the predictability of annuity income with the flexibility and investment options available through RRIFs Life annuity component provides predictable, guaranteed lifetime income RRIF component provides flexibility, growth potential.
We seek out partners who provide the most reliable, affordable, and customizable insurance coverage and investment options in Canada.
That way Optimal Financial can help you find the best coverage for everything that matters to you and your family.