Articles posted on www.DytucoFinancialServices.com

Workshop: A Different Perspective on Early Retirement Planning for Nurses

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Why the focus on Nurses? Primarily because from what I've seen of your pension plan, many of you will have good pension income when you retire. Many of you also work overtime which can leave you exhausted and at a higher tax bracket - so a lot of that extra money you've earned just goes to paying extra taxes. So how do you retire early when you know you'll be getting a reduced pension? By finding tax-efficient ways to cover that gap to reduce taxes and avoid claw backs of government pension!

Segregated Funds or Mutual Funds

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Segregated Funds or Mutual Funds? What's the difference? We outline the difference between segregated and mutual funds in this video.

The Benefits of Converting Your Term Insurance to a Permanent Plan

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Permanent life insurance can be a very effective estate planning & tax saving tool for your family and business. Converting an existing term insurance to permanent is an easy way to get that permanent coverage - and with the tax rules changing Jan 2017, you get a lot more tax-free benefits if you convert this year.

Creative Retirement Planning Workshop for Professional Women

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Tired of every other financial advisor just moving your money from one investment to another and telling you to stop buying your favorite coffee? When you work with me, we'll first look at your vision of your ideal life at retirement, then explore different financial solutions to help you use doing what you love to save on taxes so you can keep more of your hard-earned money!

Canada Pension Plan – Should You Take it Early?

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The new rules governing CPP were introduced in 2012 and they take full effect in 2016. The standard question regarding CPP remains the same - should I take it early or wait? We outline the reasons to take your CPP early or delay your CPP in this article.

The Clock is Ticking so Don't Miss the Deadline for Higher Tax Savings

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2016 is an opportune year to buy life insurance. After this date, certain new policies will not have as much tax-free benefits as they currently do. This means policies approved and issued in 2016 are grandfathered with the higher tax-free benefits, but be aware that most insurance companies need about 3-4 months to get through this underwriting & approval process.

Creative Risk Management Planning for your Business

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Many would agree that two of the greatest risks to the sustainability of a business are: not having enough money to keep the company going in times of lower income, and losing the ability to make money. Here are some essential tax-savings & risk management strategies to keep your business going during medical emergencies, save you taxes and leave more money in your pocket.

Should I incorporate?

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I'm a sole proprietor- should I incorporate? What's the difference? We outline the differences between a sole proprietorship and corporation.

Estate Planning for Blended Families

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In today’s family it is not unusual for spouses to enter the marriage with children from previous relationships. Parents work hard at getting these children to functionally blend together to create a happy family environment. Often overlooked is what happens on the death of one of the parents. In most cases special consideration for estate planning is needed to avoid relationship loss and possibly legal action. Your Life Could Change in a Minute!

Pay Attention to Your Beneficiary Designation

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Naming a beneficiary is a valuable feature of life insurance and segregated funds policies so it is important to carefully choose your beneficiaries.