Non-Registered - Savings Plan
RRSP - Registered Retirement Savings Plan
Life Insurance Partners :
Annuities - Single Premium Immediate
We offer a wide range of custom LIFE INSURANCE products: Universal Life , Term, Critical Illness, Disability, Long Term Care, Travel & Health
RESP - Registered Education Savings Plan
RRSP accounts are designed to hold SAVINGS & INVESTMENT assets. Contributions to RRSP
accounts are deductible from your total income reducing income tax payable within the
contribution year. Income including Interest, Dividends and Capital gains will not be taxed
while remaining within the account.
Products for Retirement :
Funds held within a LIRA account will usually only become available or "un-locked upon the holders retirement. The LIRA account may be federally or provincially registered at the time of transfer from the company pension plan to the LIRA/LRSP.
A RRIF is a Tax-Diferred retirement plan that individuals use to generate income from a RRSP account. Taking advantage of savings created allowing periodical withdrawls and still accumulating tax-sheltered income.
RRIF - Registered Retirement Income Fund
Annuities allow for continued payments over time to insure that expenses are paid throughout your lifetime. Converting savings accounts into a fixed income paid out on a consistent basis. ie; monthly, quarterly, yearly. ect...
TFSA provides an account with tax benefit savings. Income, Dividends and Gains earned in this account are NOT taxed. Even withdrawls are tax-exempt. TFSA's may
include mixed cash, mutual fund, stocks, bonds and GIC's as investments.
LIRA - Locked-In Retirement Account
When you have maxed out contributions to accounts such as your RRSP, a non-registered plan will allow for the accumulation of savings for any goal; trips, car, vacation or just an extra float to keep for emergencies.
Rubinstein Financial Management Inc.
LIF - Life Income Fund
TFSA - Tax Free Savings Account
RESP accounts are specifically designed as a savings tool for a Dependents Post-Secondary education cost. The funds will grow tax-free within the account.
Acting as a tool associated with a LIRA account, allowing periodic withdrawls. Savings accumulated in a pension fund create income during retirement, up-to a maximum amount.