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...
Key Person Insurance: Protect Your Business from Financial Loss

Key Person Insurance: Protect Your Business from Financial Loss

Key Person Insurance is a type of business insurance that offers financial protection to a company in case of the death or disability of a key employee. It's also known as "key man insurance" or "key employee insurance," and it's designed to help businesses maintain...

The Great Transfer of Wealth: Tips for each generation

The Great Transfer of Wealth: Tips for each generation

What is the "Great Transfer of Wealth?" As baby boomers retire, require long-term care and eventually pass, their collected wealth will be transferred to their children, grandchildren and other beneficiaries. This historic shift in finances has been dubbed by many...