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Getting Reacquainted with Your Annuity

When planning for a divorce, you’re planning for the rest of your life. Do you know how to make the best financial choices for your future?

CRA takes offence with leveraged insurance products

They say that all good things come to an end. Well, in the world of tax planning, at least, it seems that many good tax things come to an end eventually. On Aug. 26, the Canada Revenue Agency issued a news release about a strategy known as a Leveraged Insured Annuity

Bobby Bonilla Day Is An Annual Reminder That Fixed-Income Investments Are Worthwhile

In 2000, the Mets wanted to rid themselves of Bonilla and his $5.9 million salary, so they agreed to a deal that would pay him that $5.9 million with an imputed interest rate of 8% over 25 annual payments each July 1st beginning in 2011 and ending in 2035.

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