by Simplified Financial | Jan 31, 2024 | Blog, investment, Retirement, RRSP
What is an RRSP?Are you looking to save for your retirement and cut down on your tax bill? If this sounds good to you, then a Registered Retirement Savings Plan (RRSP) may be the perfect fit for you!What is an RRSP?The primary purpose of an RRSP is to help you save...
by Simplified Financial | Oct 31, 2023 | Blog, business owners, financial advice, financial planning, Insurance, investment, Professionals, retirees, tax
Working with a professional to help you to make sense of your finances can be a wise move, but for this relationship to work effectively it is important that you understand what to expect from your financial advisor.What can your financial advisor help you with?...
by Simplified Financial | Sep 15, 2023 | Blog, Family, investment
The First Home Savings Account (FHSA) is a savings plan designed for first-time home buyers in Canada, which allows them to save up to $40,000 tax-free. Contributions to an FHSA are tax-deductible, similar to Registered Retirement Savings Plans (RRSP). Additionally,...
by Simplified Financial | Jun 30, 2023 | Blog, Family, investment
How to get the most from your savingsSaving for the future is cornerstone of financial planning but it can be trickier to get to grips with than it seems. There are a wealthof different types of product on the market to choose from but the first step starts with...
