Sanveer Financial Services- "Advice Matters"

08/18/2026

It is advisable to review your workplace group benefits to determine the extent of disability or income protection coverage in the event of job incapacitation due to illness or injury. If self-employed, it is essential to acquire personal coverage to safeguard your income-earning potential.

08/11/2026

Are you and your employees paying for medical expenses with personal after-tax dollars?

FlexSave may be an affordable and effective benefit solution for you, your business, and your employees.

FlexSave PHSP (Private Health Services Plan) enables an incorporated business owner to reimburse an employee (including those who are shareholders and employees) for medical expenses on a tax-free basis while deducting the cost as a business expense.

👇🏼👇🏼Benefits include:

Control benefit costs
Deduct eligible medical expenses*
Provide non-taxable benefits*
Retain employees
Encourage healthy lifestyles
Allow employees to choose how to spend
Claim online
Manage your plan

Bring cost-efficient flexible Health and Dental to your business with FlexSave.

07/31/2026

When securing a mortgage with a financial institution, it is prudent to consider covering the debt with a personally owned life insurance policy, as various coverage options offer distinct benefits. Let's examine the key features of the two available options.

07/21/2026

Education is the key to a bright future, and a well-planned education savings strategy is essential; RESP plan assist in building savings through growth and government grants.

07/10/2026

A Tax-Free Savings Account (TFSA) is a personal savings account that can be used to save for any goal. After-tax money can go into a TFSA, but your investments grow tax-free and you won’t pay any tax on withdrawal.

Who should invest in a TFSA?

Canadians who have reached the age of majority
Great for short term, medium-term, and long-term savings
Best suited for low to medium-income earners or as a complement to an RRSP

Benefits include:

Earn investment income, tax free

Flexibility to withdraw from TFSA

Flexible savings plan

Government benefits stay the same

Current contribution limit per year is $7,000 as of 2026 and $109,000 if at least 18 years old in 2009 and never contributed to a TFSA.

Let me help you make the best choices based on your needs and your situation!

06/19/2026

Everyone likes to imagine a future with perfect health. But that’s not always the case. Recovering from a serious illness can come at a significant cost.

The best time to plan for the unexpected is when you’re healthy. Why? Because if you become ill, your options are more limited.

Recovering from a serious illness can be expensive. But is critical illness insurance worth it? Find out.

06/09/2026

Start saving now while you’re young, no matter how small the amount, it could be one of the best financial decisions you make. Forming saving habits early could have a significant impact on your ability to weather unexpected expenses, make large purchases and achieve major life goals.

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We all want to live in a cleaner, more sustainable and economically stable world, but addressing climate change can feel like an impossible task.

05/26/2026

You have been offered a job and get to pick between two different compensation structures. Which one are you choosing?

Job A will pay you $80,000/year while working and $0 if you are unable to work due to an injury or illness.

Job B will pay you $78,500/year while working and $53,000 (tax-free) if you are unable to work due to an injury or illness.

With an Income Replacement Benefit, you create a safety net around you and your family. Contact us to discuss further!