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...
What is Critical Illness Insurance?

What is Critical Illness Insurance?

Critical illness insurance provides a financial lifeline during life’s most challenging moments. If you’re diagnosed with a covered medical condition—such as cancer, a heart attack, or a stroke—it pays out a one-time, tax-free lump sum that can be used however you see...

Key Features of DPSPs: Benefits for Executives

Key Features of DPSPs: Benefits for Executives

Deferred Profit Sharing Plans (DPSPs) offer a strategic advantage for organizations looking to attract and retain top talent while helping key individuals enhance their retirement savings. As a flexible alternative to traditional pension plans, DPSPs provide tax...