World Financial Group
Unit 106, 350 Rutherford Rd South L6W 4N6 Brampton, ON, Canada

Step out of the history that is holding you back. Step into the new story you are willing to create. What the New Year brings to you will depend a great deal on what you bring to the new year. This is a New Year. A New beginning. And things will change. Cheers to a new year and another chance for us to get it right!... #byebye2020 #newyear2021 #dreams #goals #courage #newbegining #business #financialfreedom #entrepreneurship

Financial Literacy Series 6 - RESP A Registered Education Savings Plan (RESP) is a special savings account for parents who want to save for their child's education after high school. Post-secondary educations are only getting more expensive. The average tuition for a four-year undergrad university program in Canada is now $27,300, and that doesn’t include accommodation and food, let alone other expenses. As part of the Maclean’s university guide, the magazine estimates the ...total annual cost of post-secondary education to be close to $20,000or $80,000 over four years. You could save for a child’s education with only your own TFSA, but you’d be missing out on the grants the government kicks into your child’s RESP. The money you contribute and invest grows tax-free within an RESP. When your child starts receiving payments from the RESP for school, the money will be taxed at their income, and since students are famously broke, their tax bill will be low. #RESP #education #university #highereducation #canada #Savings #financialplanning #financialeducation #moneyhacks #investment #grants #canadianeducation #tutionfee #collegefee

Merry Christmas to you and your families. Stay Blessed and Have wonderful time with your families. May your Christmas be full of the magic of the season and renewed goals for a prosperous new year. #christmas2020 #Christmas #canada #whitechristmas #newyear2021 #newyear #goals #dreams #FinancialFreedom

Financial Literacy Series 5 - Withholding Tax John, a resident from Manitoba, withdrew $25,000 from his registered retirement savings plan (RRSP). The financial institution that held her plan would be required to withhold and remit tax. Based on the amount he withdrew, the 30% rate would apply so it would withhold 30% of $25,000 = $7,500. Consequently he will receive $25,000 $7,500 = $17,500.... The amount withheld may be too little or too much depending on the tax rate applicable to John’s overall income. Any amounts owing or overpaid would be determined when she files her tax return for that year. #registeredretirementsavingsplan #segregatedfunds #segfunds #investing #investment #growyourmoney #guarantees #creditorprotection #EstatePlanning #Retirement #RetirementPlanning #financialfreedom #financialplanning #financialeducation #RRSP #TFSA #RESP #withholdingtax #canadiantax

No matter what you celebrate, here's to a happy and festive holiday season. Happy Holidays! #financialfreedom #financialplanning #business #entrepreneurship #entrepreneur #distribution #Brokerage #franchise #royalityincome #growth #wealth #wealthbuilders

Financial Literacy Series - Disability Insurance If you are a business owner or self employed, have you considered disability coverage yet? If not think again and learn when it can be helpful. Schedule your online appointment if you have any questions - https://agents.wfgcanada.ca/on/brampton/harjot-singh... #disability #income #incomeprotection #disabilityinsurance #financialliteracy #financialfreedom #financialeducation #truckdriver #trucking #truck #businessowner #selfemployed

Remembrance Day is a memorial day observed in Commonwealth member states since the end of the First World War to remember the members of their armed forces who have died in the line of duty. On Remembrance Day, we pay tribute to those that protected our freedom. They answered the call when our country needed heroes. Thank You to Canada’s veterans for your bravery and sacrifice, it will never be forgotten.... We also acknowledge the contribution and dedication of our frontline workers in our fight against COVID-19. You are our real heroes and we thank you! #remembranceday #lestweforget #canadianheroes #realheroea #wfg #wfgopportunity #financialliteracy #freedom #financialfreedom

NOVEMBER IS FINANCIAL LITERACY MONTH During the month of November, financial services organizations throughout Canada will be participating in Financial Literacy month. Created by the Financial Consumer Agency of Canada, the goal of this initiative is to share information that will help Canadians achieve their financial goals. This can include managing debt, saving for the future, and understanding their rights and responsibilities. This year marks the 10th anniversary. The o...verall theme is to help Canadians gain financial confidence and make informed financial decisions relevant to their circumstances. With COVID-19 affecting Canadians across the country, the goal is even more important than ever before. If you’re interested in learning more about your own financial literacy, take this Self-Assessment Quiz (http://bit.ly/2ewCAkJ). When you have completed the quiz, you will see a list of suggested topics that you might want to explore further. Feel free to contact us if you need help in any financial aspect of your life and we will provide best service without any cost. #nocost #financialplanning #wealthcreation #financialfreedom #financialliteracy

Happy Halloween! Stay safe and healthy!

Do you know why it is so important to save for your future? #savings #wealthcreation #financialfreedom #financialplanning #moneybasics

Do you know what type of life insurance do you own? Universal Life is a very flexible product and can provide a variety of benefits other than income protection in case of death. #lifeinsurance #universallife #incomeprotection #savings #cashvalue #financialliteracy #financialplanning