Enjoy personalized support throughout the most important moments of your life, like during your retirement planning. Whether you’re a new parent, a homeowner, a couple, going back to school or about to start a business, I can help simplify your life by building a plan tailored to your situation.
* On behalf of Beneva Financial Advisors, financial services firm
** On behalf of Beneva Investment Services Inc., financial services firm
Protect your family even after you’re gone by making sure your final expenses and their financial needs are taken care of.
This product is an affordable and flexible option that allows you to choose a specific term, for instance, the same term as your mortgage loan. It can also be converted to permanent life insurance, without having to prove insurability, depending how your situation evolves.
Plan for your future while also assuring the financial security of your loved ones. With permanent life insurance, you remain covered for your entire life, no age limit, even if your health changes. In certain cases, you can even buy back your contract, in whole or in part, as a way to supplement your retirement income.
It combines insurance coverage with an investment component offering tax-sheltered savings. It has all the advantages of permanent life insurance, while also providing options for estate planning or reaching long-term financial goals.
Like a shield for your financial health, it pays out when you are diagnosed with a covered illness1 allowing you to focus on what matters most: your health. Certain options even allow you to recover premiums paid while alive. And, in the event of death before the end of the contract, all payments made could be paid to your beneficiaries.
Coverage highlights:
You are your most valuable asset. What if an accident or illness prevented you from working? This is where disability insurance comes into play. It provides steady income while you recover.
Coverage highlights:
Think of registered savings or retirement income plans as empty boxes that can hold one or more investment products. They are used to save for various financial goals or provide retirement income. They have their own set of rules and tax benefits. If none of these plans seem like a good fit, you can go with the non-registered option.
A Registered Retirement Savings Plan (RRSP) is a beneficial way to save for your retirement, a first home or going back to school—while lowering your annual taxes.
A Tax-Free Savings Account (TFSA) is a registered account to which you can contribute a given amount every year without being taxed on your earnings. It’s an excellent short- to medium-term strategy to finance your pet projects or build a nest egg. The best part, you withdraw your money as you see fit and never pay income tax.
A Locked-in Retirement Account (LIRA) is a type of registered pension fund that’s used to hold your pension savings with a former employer. Even though you can’t contribute to it, you can still decide how to invest the funds to reflect your personal retirement goals.
An Individual Pension Plan (IPP) is for business owners and high-income earners like lawyers, doctors or architects. Your company contributes to your IPP on your behalf, which boosts your retirement savings so you can plan your next chapter with confidence.
A Registered Retirement Income Fund (RRIF) is what your RRSP is converted to when you retire or turn 71, at the latest. After saving up for your entire life, it’s time to take advantage of it!
A Life Income Fund (LIF) is a type of RRIF you can dip into throughout your retirement while your savings continue to grow. Convert a locked-in retirement plan (like a LIRA or pension fund) before the end of the year you turn 71 to start withdrawing income.
This is an ideal solution for setting aside money for a specific short-term project or when you’ve maxed out your contributions to your registered plans.
They are the core of all savings plans, representing the investments you are comfortable making based on your financial goals and risk profile.
Choose from among 40 ready-made investment accounts. A real turnkey solution, this is your unique gateway to stock-market diversification, without the hassle of day-to-day management. Each account, which offers capital protection, is made up of a variety of market indices, mutual funds or mutual fund portfolios.
Segregated funds offer three capital guarantee options, so you can choose the risk level you’re comfortable with when it comes to market fluctuations. Your financial goals and investor profile are central to the portfolio selection process.
A Guaranteed Interest Account (GIA) allows you to invest without having to worry about market volatility. At the end of the term, you get all your money back plus guaranteed interest.
An Equity Index Guaranteed Interest Account (GIA) strikes the right balance. It’s partly linked to market performance, partly guaranteed at a predetermined fixed rate. This option offers a higher potential return than the Traditional GIA, while also providing a level of security.
A high-interest savings account1 is like upgrading your bank account. It rakes in higher interest on your savings monthly, and it’s 100% online and free.
In a nutshell, make money with your savings and withdraw at any time for a short-term goal like a trip or home renovations. That’s a sweet deal, and it’s even available as a TFSA.
Annuities are safe investments that guarantee income for life or a specified period, regardless of market performance. No investment management hassle or worries about depleting your retirement savings.
Mutual funds pool amounts invested by multiple investors. These funds are managed by professionals who invest in various equities, bonds or securities, depending on the fund’s objective. Buying units in these funds allows you to diversify your assets and benefit from the expertise of fund managers to achieve your financial goals.
