Wealth management in life

There are different life situations that demand money in life. As individuals, we all have unique finance plans, risk bearing power and as such, unique responses to those situations. One common thing that we all need to manage wisely and grow in our life is our overall wealth and net-worth. It surely is a complex process, much easier said than done!

At Next Level Insurance and Financial, we ensure that we understand your individual wealth management needs and provide you the wealth management tools and portfolios that completely serve your needs.

Photo by CoinView App

GIC: Guaranteed Investment Certificate

GIC is a deposit investment sold by Canadian banks and trust companies. It gives low risk fixed income to the buyer.

Photo by Omar Prestwich

RRSP: Registered Retirement Savings Plan

RRSP is a retirement savings and investing vehicle for employees and the self-employed in Canada.

Photo by CoinView App

RESP: Registered Education Savings Plan

A registered education savings plan in Canada is an investment vehicle available to caregivers to save for their children's post-secondary education.

Photo by Omar Prestwich

TFSA: Tax Free Savings Account

A tax-free savings account is an account available in Canada that provides tax benefits for saving. Investment income, including capital gains and dividends, earned in a TFSA is not taxed in most cases, even when withdrawn.

Photo by CoinView App

RRIF: Registered Retirement Income Fund

A registered retirement income fund (RRIF) is a retirement fund similar to an annuity contract, which pays out income to one or more beneficiaries.

Photo by Omar Prestwich

LIRA: Locked-in Retirement Account

A Locked-in Retirement Account (LIRA) is a Canadian pension savings account that holds funds that cannot be withdrawn until retirement. The locked-in retirement account is designed to hold pension funds for a former plan member, an ex-spouse, or a surviving spouse.

Photo by CoinView App

Individual Pension Plans for business Owners

Get personalized pension plans for business owner. We have experienced team who helps you achieive your goal.

Photo by Omar Prestwich

Open Investment

Open end fund is a collective investment scheme that can issue and redeem shares at any time. An investor will generally purchase shares in the fund directly from the fund itself.