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Minimizing tax at death on RRSP – Part 1

Posted by Todd Gotlieb in Blog

By Michael Bronstine In this first of two articles, we’ll look at three options for transferring an RRSP at death, and how you can help. Almost 6 million Canadian tax filers contributed to an RRSP in 2016, down a bit from 20151. But they may…

8 Tax Tips for Canadian small business tax savings

Posted by Todd Gotlieb in Blog

By Glen Johnson, Advisor.CA Small business owners are allotted a variety of methods to improve their tax situation. However, it can be hard to learn about Canadian small business tax savings. As a result, Olympia has compiled a list of some of the most commonly…

Minimizing tax at death on RRSP – Part 2

Posted by Todd Gotlieb in Blog

By Michael Bronstine In this second part of two articles, we’ll look at fourth option for transferring an RRSP at death. The first article in this two-part series explored three options for transferring a registered retirement savings plan (RRSP) at death to help reduce the tax impact…

Minimizing tax at death on RRSP – Part 1

Posted by Todd Gotlieb in Blog

By Michael Bronstine In this first of two articles, we’ll look at three options for transferring an RRSP at death, and how you can help. Almost 6 million Canadian tax filers contributed to an RRSP in 2016, down a bit from 2015.  But they may not…

5 Mistakes People Make When Buying Term Life Insurance

Posted by Todd Gotlieb in Blog

By Michael Bronstine An essential component of planning for the future involves planning your finances. After all, when your career finally falls into place, your funds need to be managed appropriately too. How you save, invest, spend and leverage your income can help with deciding how…

Cross-border gift tax issues for Canadians

Posted by Todd Gotlieb in Blog

Tips to avoid double taxation, and other strategies By: Jonah Ravel   With the end of the annual giving season and the beginning of tax season, it’s a good time for an overview of the cross-border tax impacts for Canadians. Affected clients include U.S. citizens and…

6 Reasons You Need a Financial Plan

Posted by Todd Gotlieb in Blog

Michael Bronstine GBK Strategic Financial Partner Financial planning is not a one-time event, but rather an ongoing process As a child my family went on several driving vacations. Before leaving, my parents generally contacted AAA and obtained a step-by-step series of maps of our planned…

Why Whole Life Insurance Stinks

Posted by Todd Gotlieb in Blog

by Michael Bronstine The five reasons why no one should ever, ever even THINK of buying whole life. Right? Let’s play a game…. The next time you find yourself in a group setting and the conversation dies down to that awkward, don’t make eye contact…