Enhanced Retirement Income Concept

The enhanced retirement income concept is a strategy for tax-advantaged accumulation to complement your current retirement income program and increase your estate values.

Conventional retirement planning is based on statutory plans, government-controlled and tax-assisted programs including defined benefit pension plans, defined contribution pension plans, RRSPs, TFSA and deferred profit-sharing plans.

The enhanced retirement income concept uses life insurance to accumulate additional tax-advantaged growth of policy values. The cash value of the life insurance policy can later be accessed to provide added income at retirement and a tax-free transfer, at death, of the remaining death benefit to your intended heirs or charitable organization.