Feb 05, 2020
By Zoomer Radio
Libby Znaimer is joined by Mark Halpern, CEO of WEALTHinsurance.com. Mark is a Certified Financial Planner, Trust & Estate Practitioner, and Master Financial Advisor-Philanthropy.
Most people are not aware of their income tax liabilities, and are surprised to learn that as much as 54 percent of their hard-earned retirement savings will go to the tax department – unless they do some proper estate planning now. The deadline for RRSP contributions is March 1st, the deadline for paying personal income taxes is April 30th and the time to protect your estate is right now.
Several strategies are available to ensure that you benefit the most from your retirement savings and see less of your money go to the government. Mark explains how to use tax-exempt life insurance to preserve your estate for your family and the charities you care about.
To learn more and arrange your own personal no-obligation consultation, connect with Mark by visiting WEALTHinsurance.com