by Frank Restorick | Nov 5, 2026 | Life Insurance
Segregated funds can protect your savings from creditors in Canada, but not automatically. The protection comes from insurance law, not from the fund itself. It generally depends on the beneficiary you name, the province you live in, and the timing and purpose of your...
by Frank Restorick | Nov 3, 2026 | Life Insurance
A flexible benefits plan lets each employee choose the type and level of coverage from a menu, instead of everyone receiving the same package. In most Canadian flex plans the employer sets a budget, usually as credits or a dollar allowance, and the employee spends it...
by Frank Restorick | Nov 2, 2026 | Life Insurance
Digital estate planning means listing your online accounts, devices and crypto, deciding what happens to each one, and giving your executor legal authority and practical access to carry out those wishes. In Canada, you do this through an inventory kept apart from your...
by Frank Restorick | Nov 1, 2026 | Life Insurance
An employee assistance program (EAP) in Canada is an employer-funded, confidential support service. It gives employees, and usually their immediate family, short-term counselling and referrals for personal, family, work and financial problems, at no cost to the user....
by Frank Restorick | Oct 31, 2026 | Life Insurance
Yes, you can move money from your First Home Savings Account (FHSA) to your RRSP without paying tax, as long as the money goes directly from one financial institution to the other. If you withdraw the cash yourself and deposit it later, the withdrawal is taxable and...