The rush for RRSP’s has ended for another year. We continued to see a switch away from lump sum contributions at the deadline to a more disciplined DOLLAR COST AVERAGE approach over the year with a smaller top up when our clients have a feel for their final tax burden.
Another option is the RRSP catch up loan strategy to take advantage of any past contribution room. We can help you understand how this could work for you and implement a plan if we agree it would be beneficial to your plan.
Remember the upcoming deadlines to file your 2011 income taxes. 30 APR for employees and 15 JUNE for self employed individuals and their spouses.
Our seminar series has got off to a good start. We have held seminars on RRSP’s vs. TFSA’s, Critical Illness Insurance and Mortgage & Debt Solutions. To keep you updated on current ideas & trends in financial planning we are holding 2 seminars a month talking about different solutions. All are welcome to join us. May’s topic is Life Insurance 101.
Our second newsletter is due out in May. Contact us to be added to our direct distributor list.
Until Next Time,
Ron
Specialty Wealth & Financial Inc.
is a Financial
Security Advisory Company contracted with Freedom 55 Financial, a Division of London
Life Insurance Company. Through Freedom 55 Financial, Specialty Wealth & Financial
Inc., offers London Life's own brand of
savings and investments, retirement income,
life insurance, and mortgages. All our F.S.A. are required to deal in mutual funds as investment representatives through Quadrus Investment Services Inc.
