How will rising interest rates affect your household budget?
Stress-test your household budget using this worksheet.
Stress-test your household budget using this worksheet.
The U.S. Federal Reserve has hinted strongly that May 4’s 50 basis point interest-rate hike is merely the beginning of what’s to come. Is the U.S. central bank so determined to eliminate inflation that it’s willing to risk recession?
What’s causing the recent market volatility and selloff? While the Fed has communicated that it’s likely to begin raising interest rates sooner than originally expected, we don’t believe this is a cause for concern. In our view, despite the short-term volatility that a pivot in monetary policy will create, it’s a positive development. Read More...
After spending nearly two decades saving for a child’s post-secondary education, it’s time to start paying for it. When money is paid out of a registered education savings plan (RESP), the various types of payments and tax treatment can cause confusion. There’s also the question of what to do with RESP savings that aren’t used to pay for post-secondary education. The good news with withdrawal options is that they provide opportunities to implement strategies to reduce the associated tax cost.
We all know we need a will so that our affairs will be in order and our last wishes carried out once we have passed on. But did you know you have options when it comes to creating a will?
Did you know the COVID-19 vaccination in no way impacts your current insurance policies or valid Group Benefits coverage? Nor does it factor into new insurance applications you may apply for with Manulife. Read more...