AssetPlus Capital Inc.

12/05/2023

2024 TFSA (Tax-Free Savings Account) contribution limit for 2024 has been raised to CAD 7,000, bringing the total contribution room to CAD 95,000. It's time to plan your investment with us now:

Tel: (604) 273-0232
Email: [email protected]

The contribution limit for tax-free savings account has been raised by $7,000 for the upcoming year, the second largest jump on record.

09/12/2023

The Registered Retirement Savings Plan (RRSP) and Tax-Free Savings Account (TFSA) are two of the most popular investment vehicles available to Canadians. Both types of registered accounts allow for tax-advantaged growth and can be used to hold cash savings as well as investments like stocks and bonds. RRSP vs TFSA: Which should you open first?

https://dailyhive.com/canada/rrsp-tfsa-which-should-you-open-first

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Tel: (604) 273-0232
Email: [email protected]

We outline the pros and cons of each!💰

06/28/2023

Life insurance is an important part of planning for your family’s financial future. Choosing a life insurance plan in Canada can be confusing because so many choices exist. This article will help you understand what to consider when picking a life insurance company in Canada.

https://theseeker.ca/2023/06/the-top-factors-to-consider-when-choosing-a-life-insurance-policy-in-canada/

Contact us now:
Tel: (604) 273-0232
Email: [email protected]

Life insurance is an important part of planning for your family's financial future. It helps take care of them if something happens to you. Choosing a life i

05/24/2023

What Is Universal Life Insurance? How does it work?
There are several types of universal life insurance policies and it’s crucial to understand what you’re buying. Their costs and features are quite different.

https://www.forbes.com/advisor/life-insurance/universal-life-insurance/

Contact us now:
Tel: (604) 273-0232
Email: [email protected]

04/27/2023

The First Home Savings Account (FHSA) is a registered savings vehicle to help Canadians entering the housing market save toward a down payment.

The FHSA allows individuals to save up to $8,000 per year in a tax-free account, with a maximum contribution room of $40,000.

Your money is tax-free on the way in and on the way out, which means that any contributions you make will be deducted from your income for tax purposes that year, and anything you take out will also be tax exempt. This money in this account must be put towards a down payment for a home.

https://globalnews.ca/news/9642067/fhsa-canada-first-home-savings-account-rrsp-tfsa/

Contact us now:
Tel: (604) 273-0232
Email: [email protected]

03/21/2023

Do you know your life insurance can be a unique source of cash? You can use the cash value in your life insurance or even borrow against it. It can be a reserve of money for financial planning.

https://financialpost.com/personal-finance/borrowing-against-life-insurance-cash

Contact us now to understand more:
Tel: (604) 273-0232
Email: [email protected]

02/22/2023

Survey finds more than half of the Canadians are planning to contribute to their RRSP this year. Additionally, 43% of respondents said they believe in having a combination of an RRSP and other investment options.

https://www.benefitscanada.com/pensions/retirement/half-of-canadians-planning-to-contribute-to-rrsps-despite-cost-of-living-challenges-survey/

There is no one-size-fits-all approach to investing. Contact us now to understand which program fits you the most:
Tel: (604) 273-0232
Email: [email protected]

Half (51 per cent) of Canadians are planning to contribute to their registered retirement savings plans this year — a substantial increase since last year (18 per cent), according to a new survey by Edward Jones Canada. The survey, which polled more than 1,600 adults, found half (51 per cent) said...

01/30/2023

6 TFSA myths that could dampen tax savings

https://www.bnnbloomberg.ca/6-tfsa-myths-that-could-dampen-tax-savings-1.1869747

If you have not opened a TFSA, contact us to learn more:
Tel: (604) 273-0232
Email: [email protected]

Canadians love their tax-free savings accounts (TFSA). Since its launch in 2009, more than 60 per cent of us have opened a TFSA.

12/05/2022

6 tips to achieve financial independence in Canada

Start saving and investing now!

https://www.ctvnews.ca/business/6-tips-to-achieve-financial-independence-in-canada-1.6171126

Contact us to learn more:
Tel: (604) 273-0232
Email: [email protected]

Wouldn't it be nice to never have to work again? While this may sound like a dream to many, it is entirely possible. CTVNews.ca personal finance contributor Christopher Liew shares a handful of helpful tips on how to potentially achieve financial independence.

09/14/2022

If you plan to send your children to post secondary institutions, a registered education savings plan (RESP) could help to support the future tuition fee....

https://ca.finance.yahoo.com/news/start-saving-early-kids-university-144215747.html

Contact us to know more:
Tel: (604) 273-0232
Email: [email protected]

If you start too late, investing in RESPs is probably not the best choice

08/09/2022

A Registered Retirement Income Fund (RRIF) is a tax-deferred retirement plan. Canadians can convert their RRSP to a RRIF at any point when they retire. There are several benefits of an RRIF such as tax sheltering, regular income etc. Click here to learn more…

https://www.forbes.com/advisor/ca/investing/what-is-an-rrif/

Contact us now to know more:
Tel: (604) 273-0232
Email: [email protected]

A Registered Retirement Income Fund (RRIF) is a tax-deferred retirement plan—and an essential endgame for your registered retirement savings plan (RRSP). These accounts work in tandem to allow you to build tax-sheltered retirement savings during your working years and have a stream of income durin...

08/04/2022

What is an RESP (Registered Education Savings Plan)? How does it work to save for your children’s post-secondary education? Here is what the expert says.

https://www.forbes.com/advisor/ca/investing/what-is-an-resp/

Contact us now to know more.
Tel: (604) 273-0232
Email: [email protected]

Canada sits among the top five on the World Bank’s list of countries with the highest percentage of people who completed post-secondary education . That’s no small feat. How did Canadians do it? Hint: it’s not simply a result of a national love for learning. Instead, we’re fortunate to have ...