What is an RESP? How to make the most of one?
Whether you're looking to plan for your children's education, use RESPs as an investment tool, there are many benefits to setting one up or improving any you already have.
- Your money grows tax-free while it is in your RESP.
- You do not get a tax deduction for the money you put into an RESP.
- The money that your investment earns while it is in the RESP will not be taxed until money is taken out to pay for your child's education.
- The money that you have put in the RESP is returned to you, tax-free.
Discuss RESPs with an Auxiliary i&i team member to find out how we could help maximizing your RESP. Have peace of mind by starting an RESP, or protect yourself against future costs by topping yours up.
Protect Yourself & Your Family
Life insurance is very important to have. Life insurance is used to cover your mortgage, loans, and other debts at your time of death. Additionally, your life insurance will also aid your family maintain their quality of life by replacing your income. Having a Family Plan is the best way to ensure you and your family are covered.
What Does it Do?
If you were to pass away during the term of your life insurance, your insurance can help cover:
• Any household bills and day-to-day expenses
• Any current or future schooling fees
• Any debts left unpaid
• Any extra money that would help your family if one of you couldn’t be there
We can work with you to find the perfect Family Plan that will cover your unique needs and ensure your family gets the care they deserve.
Have You Gotten a Mortgage Yet? Do You Know What Mortgage Insurance Is?
There's a better solution than what your bank has offered you, simply called, Better Mortgage Insurance. Here’s why this solution is better than mortgage insurance offered by your bank.
You choose the beneficiary and they choose how to use the benefit. Coverage stays, no matter where you bank. Fully underwritten at time of application, no surprise at time of claim.
Want an easy to set up and flexible bank account?
Combining the best features of a chequing account and a savings account in one, there are many ways you can use the Advantage Account it to enhance your current financial plan and help you reach your goals faster.
Click the button below to get started in minutes!
Are You Hard to Insure?
Quite frequently, individuals with health issues and/or pre-existing conditions face higher quotes or are even refused when trying to purchase insurance. Protecting against an unexpected healthcare cost is important, and we may be able to find a solution for you.