FRATERNAL BENEFITS AND SERVICES

Knights of Columbus insurance consistently ranks at the top of the industry in financial stability and ethics.
Please call (905) 820-8117 to discuss these services:

• Financial needs analysis
• Life insurance
• Tax deferred fixed-rate annuities
• Long-term care insurance
• Retirement account rollovers
• Estate preservation
• Scholarships
• Family fraternal benefits

 

FOOD FOR THOUGHT FROM YOUR FINANCIAL ADVISOR

FEBRUARY 2010

TAX TIME AGAIN

This month, I chose to pass up the opportunity to use the age old cliché about two things we must do... although the timing should certainly bring it to mind. This season, in most homes, is financial accounting time. I’d like to wager that, at some point in the process, someone will ask (probably you!) “ Where did all our money go?”

Surely, all of the money we earn finds a home somewhere... the grocer, the mortgage, the tax man. Very little, if any, is left for a personal bank account or other investments. Most of us consider ourselves fortunate if we’ve managed to pay our bills! Folks usually save what’s leftover... and for most folks that’s nothing.

The point is, whatever the amount earned, chances are good that it is spent providing for and rearing a family. Think about that for a minute. The needs of that family continue - food, shelter, and clothing - even if the breadwinner suffers an untimely death.

So what does income tax have to do with insurance? Simply this... it can serve as a reminder that protection for dependents should include an estimate of the current needs for money. While it may be convenient to say “I can’t afford it,” that’s probably not accurate when you consider that your family will be without any income should you die.

With this in mind, your Order has designed a plan which guarantees to continue income to your family for as long as they will need it. What’s more, this plan will enable you to systematically save some of those dollars so difficult to account for at tax time.

Call me today for an appointment. I want to hear from you.

Mario Rodriguez
mario.rodriguez@kofc.org

View our current investment rates for the tax season.
(Click on the cover image to download a PDF)

 

Our first quarter financial newsletter contains these important topics for your review.
(Click on the cover image to download a PDF)

1. Building a financial foundation.
2. A safe option for your RRSP and TFSA funds.
3. Know your Fraternal Benefits.

· Guaranteed life insurance benefits for uninsurable children
· Death benefits for stillborn/miscarried children
· Orphan benefits
· Youth life insurance that guarantees insurability as an adult

 

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This is written to provide accurate and authoritative information with respect to the subjects covered. However, the information contained on this site is not intended as a substitute for direct financial and legal advice. For such assistance, please contact a qualified professional. Reproduction of any part without written permission is strictly prohibited. Published in conjunction with the Knights of Columbus by Jargon Marketing; distributed in the United States and Canada. Copyright © 2009 Jargon Marketing, 1 N. Pinckney Street, Madison, Wisconsin 53703, (800) 419-5203