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Information Center - Life Insurance Strategies

Keep You Cottage Preserve Your Wealth Provide a Legacy Lower Your Tax Bill
Customized Insurance Protect Your Savings Loan Into Income Minimize Taxes
Permanent Protection Tax Efficient Inheritance Supplemental Income
Term Free Income Save $ On Your Loan Lower Volatility

How Can You Significantly Lower Your Tax Bill?

Taxes are on everyones mind. Canadian's are some of the most taxed individuals in the world. Unfortunately the focus is primarily on how much tax we have to pay, rather than how much tax we are saving. You can change all that with a strategy I call the Investment Optimizer. If you already contribute the maximum to your RRSP, and are tired of seeing your non-registered assets get gradually eroded by annual taxation, then read on.

The problem with non-registered investments is that you have to pay tax on the growth. This decreases the amount of your holdings, leaving you with lower growth in absolute dollar terms in the following year. It’s a “two steps forward, one step back” scenario which, over the lifetime of your investment, will see thousands of dollars lost to taxes.

The Investment Optimizer solves this problem using Universal Life Insurance (UL). This strategy minimizes the cost of insurance and maximizes your investments in a UL plan where the investment growth is tax-deferred. This strategy uses as much of your deposits as the Income Tax Act allows for wealth accumulation. In most cases, the cost of insurance is significantly less than the tax you would otherwise lose on a non-registered investment.

Free Insurnce quotes over the Phone
If you have not taken a serious look at using universal life to reduce your taxes, I think it's time. For a personal projection to see for yourself how much you could save on your tax bill over the long term, please give me a call at:
1-877-628-6762

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