Summer break is an excellent time to refresh yourself for the next school year. It’s also an ideal time to align your goals, including those that support your health, wellness, and financial security. Let OTIP help you with that! Read more at www.otip.com/article168. #OTIPUpdate
Thinking about buying your first home? Good news. The new Tax-Free First Home Savings Account (FHSA), designed to help qualifying first-time home buyers save for their home, is here. So, how exactly does this new account work and how can education members leverage it to save for their first home? Read on to learn more […]
Did you know Canada’s auto theft industry is a $1 billion business? According to the InsuranceBureau of Canada, a vehicle is stolen every six minutes in Canada. Knowing whether yourvehicle has landed on Canada’s top 10 stolen cars can help you assess your risk level anddetermine preventative measures.Read more at www.otip.com/article163.
One of the most frequently asked financial questions out there is whether to invest in a tax-free savings account (TFSA) or a registered retirement savings plan (RRSP). While TFSAs and RRSPs both offer tax advantages that can help you achieve your saving and investing goals, which is right for you? To help you decide, check […]
While road salt helps drivers get safely from one place to the next by keeping streets clear of ice and snow, repeated exposure can leave your vehicle vulnerable to rust. If not correctly taken care of, rust can cause significant damage to your vehicle and pose serious safety risks. Here are 5 things you can […]
Will taking a deferred salary leave increase your RRSP contribution room? Should you invest in an RRSP or TFSA; is one account better than the other for education members? Should you start collecting CPP if you’ve retired and turned 60? Education members often have unique questions when it comes to their finances. Here are the […]
With Halloween just around the corner and the ‘spooky season’ in full swing, there are many frights to behold. But your insurance bill shouldn’t be one of them. While you need enough coverage to ensure you, your loved ones and your belongings are protected, there are ways to lower your insurance cost without reducing your […]
Summer days are getting shorter, and the evenings are getting cooler. Before you know it, you are at the mall for “back to school shopping” for you and your family, and maybe even for the classroom. As you prepare for the new school year, you may be thinking and finding ways to re-engage, refresh, and […]