Treble Insurance & Financial Services Inc.
120 Broadway st r0k 0n0 Crystal City, MB, Canada

Your friendly neighbourhood banker is financially motivated to get you to buy mortgage insurance, whether it’s in your best interest or not, expert says. But life insurance will cover your mortgage debt in case of death or disability at a much lower cost. http://glbn.ca/fiqdxJ

Advocis's first ever TV commercial begins airing today! Created to promote our Financial Advice for All campaign, this well-crafted 30-second commercial spot is... scheduled to air for the first time on CBC Toronto today at 1:35 pm, and has already begun airing as a pre-roll ad on YouTube and Google across the nation. Check it out now (it's also up on our YouTube page), and please share the link to our commercial with everyone on your social networks! See more

What happens if you make early withdrawals from your RRSP? "There are a few scenarios where this is permitted (including the Home Buyers’ Plan and Lifelong Learning Plan more on this below), but beyond those, if you take out money from your RRSP early you’ll be penalized. Early withdrawals are subject to withholding taxes, meaning your financial institution will hold back the tax on the amount you withdraw and pay it to the government directly. The tax rate ranges from 10 t...o 30 per cent, depending on the amount you take out and where you live. Withholding tax rates in Canada: 10% (5% in Quebec*) on amounts up to $5,000 20% (10% in Quebec*) on amounts over $5,000 up to including $15,000 30% (15% in Quebec*) on amounts over $15,000 *Residents of Quebec are also subject to a provincial withholding tax. So let’s say you want to take $25,000 out of your RRSP to buy a new car or renovate your kitchen. The withholding tax applied would be $7,500 (30 per cent), so you’ll only end up with $17,500"

http://insurance-journal.ca//life-sales-to-younger-client/