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Condo maintenance fees: How much is too much? Jun 29th
Condos are a popular choice for many first-time homebuyers owing to their lower price point and access to amenities such as gyms and pools. But as well as a mortgage, condo owners are responsible for monthly maintenance fees that support operating costs for the building, among other aspects, and it&.... More »
Preparing taxes for someone who died Feb 9th
When you are managing the tax affairs of someone who has died, there are important steps to take to notify the Canada Revenue Agency (CRA), represent the deceased taxpayer, and finalize their tax filings.
Contacting the CRA
You should contact the government as soon as possible. This incl.... More »
Better Coverage, Lower Cost: Find the Right Health and Dental Plan Oct 19th
When Was the Last Time You Reviewed Your Plan?
If it’s been a while, you could be missing out on new discounts, waived waiting periods, and enhanced coverage options. Whether you’re self-employed, between jobs, transitioning to retirement, or simply looking for better value, now’s the perfect.... More »
Consumer-first finance: How USDC Rewards are changing the game Nov 20th
While traditional savings accounts offer minimal returns, cryptocurrency platforms are presenting Canadians with new options for their cash. Coinbase’s latest offering—3.85% rewards* on USDC balances—highlights a growing shift in how people think about storing and growing their money.
T.... More »
Unlocking the Annuity Puzzle: Why Canadians avoid what seems to be the perfect retirement vehicle Dec 19th
The Annuity Puzzle is about a curious phenomenon in Canada: while life annuities sold by insurance companies seem to have all sorts of compelling reasons to acquire them, more often than not, retirees shun them.
Financial planner Robb Engen recently tackled this puzzle in his Boome.... More »
Perks with Purpose: Unlocking the Power of Group Benefits
– life-insurance-quotes.ca
In today’s competitive job market, offering a robust group benefits package isn’t just a perk—it’s a strategic necessity. Whether you’re an HR professional, a small business owner, or an employee trying to decode your coverage, understanding the basics of group benefits is essential.
What Are Group Benefits?
Group benefits are insurance and service packages offered by employers to their employees. These typically include:
Health Insurance (medical, dental, vision care, etc.)
Life Insurance
Disability Coverage (short-term and long-term plans)
Retirement Plans (RRSP matching, pensions, etc.)
Wellness Programs (mental health support, gym memberships, etc.)
Paid Time Off (vacation, sick leave, parental leave, etc.)
These benefits are often more affordable than individual plans because the risk is spread across a group of people.
Why Do Group Benefits Matter?
For employers:
Attract and retain talent: 81% of employees say benefits influence job acceptance.
Boost morale and productivity: Employees who feel cared for are more engaged…
