Finuity Blog

Why Employers Are Expanding Benefits Plans Beyond Traditional Insurance

Expanding the definition of employee benefits Employee expectations around workplace benefits have evolved considerably in recent years. While traditional group insurance plans continue to play an important role, many employers are recognizing that employees...

Maximizing the Capital Dividend Account (CDA) Through Corporate Planning

Moving beyond the basics of the Capital Dividend Account For business owners who are familiar with the Capital Dividend Account (CDA), the initial focus is often on understanding how it works and when it can be used to pay tax-free dividends. Once that foundation is...

Understanding the Capital Dividend Account (CDA) for Business Owners

A lesser-understood component of corporate planning For many business owners, corporate financial planning involves more than simply managing income and expenses. The structure of a private corporation introduces additional opportunities and complexities, particularly...
Tax Obligations After a Loss: A Guide for Executors

Tax Obligations After a Loss: A Guide for Executors

In the face of loss, executors face the daunting task of managing the deceased's financial affairs, including the crucial aspect of tax filing. This summary, drawn from an insightful Advisor.ca article, provides a guide to help executors navigate these...

Creating a Mentally Healthy Workplace

Creating a Mentally Healthy Workplace

Work environments have a significant impact on employees’ mental health. Unhealthy workplaces can increase employee stress and worsen mental health. They can also damage workplace communication, productivity, performance and morale. Did You Know? According to the...

Boomers, Kids, and Retirement’s Tightrope

Boomers, Kids, and Retirement’s Tightrope

Supporting Adult Children: The Unforeseen Challenge to Baby Boomer Retirement In an era where financial responsibility is critical, there's an unexpected tension point lurking in many households: the Baby Boomers— the generation that's now knocking on retirement's...