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The Pros & Cons of a Supplemental Executive Retirement Plan

The Pros & Cons of a Supplemental Executive Retirement Plan

by Vinay Thanawala | Mar 19, 2024 | Financial Planning, Retirement Planning

As the business world evolves, so must the strategies and incentives it employs to attract, retain, and motivate top talent. One such tool in the executive compensation toolkit is a supplemental executive retirement plan (SERP). SERPs have pros and cons like any other...
Should an Insured Retirement Plan Be Part of Your Financial Planning?

Should an Insured Retirement Plan Be Part of Your Financial Planning?

by Arif Kanji, CFP, CLU | Jun 15, 2023 | Financial Planning, Retirement Planning

There isnโ€™t a one-size-fits-all answer to financial planning for your retirement. But an insured retirement plan can make a great addition to your overall financial plan in many cases. This, combined with contributing as much as you can to tax-free savings plans...
Which Is Better: an RRSP or TFSA?

Which Is Better: an RRSP or TFSA?

by Benjamin Lewandowski, CFP, CIM | Jan 26, 2022 | Financial Planning, Retirement Planning

Saving for retirement can ensure a comfortable future and rid the fear of not having enough money once you stop working.  When it comes to investing and saving, you may ask yourself the question: is an RRSP or TFSA better for me? The simple answer is they both...
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