by Goddyn & Associates Financial Services | Sep 1, 2023 | 2023, Blog, Family, financial advice, financial planning, Registered Education Savings Plan
What is an RESP? A Registered Education Savings Plan (RESP) is a unique savings account available in Canada, designed to assist individuals, such as parents or guardians, in saving for a child’s post-secondary education. Notably, anyone can open an RESP for a...
by Goddyn & Associates Financial Services | Aug 1, 2023 | 2023, Blog, financial advice, financial planning, insurance, Uncategorized
I am absolutely thrilled and honored to share some exciting news with all of you today. It is with immense pride and gratitude that I announce our success in receiving the 2023 Silver Award for both the Insurance Broker and Financial Advisor categories! This...
by Goddyn & Associates Financial Services | Aug 1, 2023 | Blog, investment
A Tax-Free Savings Account (TFSA) is an investment vehicle available to Canadian residents. It offers numerous benefits, including tax-free growth of your investments and tax-free withdrawals. Before you decide to open a TFSA, it’s essential to understand the...
by Goddyn & Associates Financial Services | Jul 4, 2023 | Blog, Family, health benefits, life insurance, retirees, Retirement, RRSP
Most of us understand the benefits of sensible retirement planning. Still, it doesn’t feel relatively straightforward when it comes to creating your retirement strategy and putting it into effect. The reality is that, while there are lots of variables to...
by Goddyn & Associates Financial Services | Jun 2, 2023 | Blog, investment
The First Home Savings Account (FHSA) is a savings plan designed for first-time home buyers in Canada, which allows them to save up to $40,000 tax-free. Contributions to an FHSA are tax-deductible, similar to Registered Retirement Savings Plans (RRSP). Additionally,...
by Goddyn & Associates Financial Services | Apr 30, 2023 | Blog, estate planning, Family, farmers, life insurance
Estate Planning for FarmersWhat happens when the children grow up and they are no longer dependent on their parents? What happens to your other “baby”- the farm? Estate planning for farm owners deals with the personal and farm assets. Farm succession...
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