The Financial Strategies Group

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A locked-in retirement account (LIRA) is a type of registered retirement savings plan (RRSP) into which a person can transfer the amounts that are in a supplemental pension plan or a life income fund (LIF).The amounts in a LIRA are locked-in and can only be used for retirement income. Amounts cannot be withdrawn from an LIRA, except under certain circumstances in which a refund is allowed.

Instagram: https://www.instagram.com/behindtheVault
Website: https://www.behindthevault.net

This Channel was created to expand financial knowledge no matter what your income level is or where you are in life. Angelo always believed that there are three things you should never risk: Health, Family and Retirement.

"Our objectives are to continue to help provide sound, professional financial advice with respects to short-term and long-term financial goals, while minimizing uncontrollable risks. Our tax-focused approach to financial planning has saved families and business owners thousands of dollars a year by simply realigning & restructuring their financial plan. We've helped thousands in the past decade, and we can help you as well."

For aspiring and experienced Financial Advisors, we provide coaching and mentoring to help you take your practice to higher levels. We have helped many advisors transform their practice, and we can help you too. If you're a financial professional struggling to hit that next level.

DISCLAIMER:
The videos & opinions on this channel are for educational purposes only & do not constitute investment advice. Angelo Mantzios is not registered to provide specific investment advice (only conceptual) & as such does not provide recommendations. THE Financial Strategies Group sources out money management. Angelo, and/or THE Financial Strategies Group, is not responsible for investment actions taken by viewers & content should not be used as a basis for investment trades.

Producer: Samantha Ballard Bryant Productions
Animation: Stephan Valent Instagram:

Book Recommendations:
The Wealthy Barber by David Chilton
https://www.amazon.com/Wealthy-Barber-Updated-3rd-Commonsense/dp/0761513116/ref=sr_1_1?crid=2ZA2C7SAQIB26&dchild=1&keywords=the+wealthy+barber&qid=1634925137&qsid=140-3725440-8468468&sprefix=the+wealthy+barber%2Caps%2C164&sr=8-1&sres=0761513116%2CB0056EH4JA%2C0968394744%2C1559580968%2C0773762167%2C0773756183%2CB0077SC0SI%2CB00D825RLO%2CB0160FDVCC%2CB00IGYSBOE%2CB008BUHTLE%2CB0000547HR%2C1612680194%2CB074B2CZJG%2CB08LBQGWSP%2CB084QG5RZT&srpt=ABIS_BOOK

Description; https://www.rrq.gouv.qc.ca/en/programmes/rcr/CRI_FRV/Pages/CRI.aspx

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How to contribute to TFSA!

Thanks for watching and feel free to comment or e-mail [email protected] for more information.

Instagram: https://www.instagram.com/behindtheVault
Website: https://www.behindthevault.net

This Channel was created to expand financial knowledge no matter what your income level is or where you are in life. Angelo always believed that there are three things you should never risk: Health, Family and Retirement.

"Our objectives are to continue to help provide sound, professional financial advice with respects to short-term and long-term financial goals, while minimizing uncontrollable risks. Our tax-focused approach to financial planning has saved families and business owners thousands of dollars a year by simply realigning & restructuring their financial plan. We've helped thousands in the past decade, and we can help you as well."

For aspiring and experienced Financial Advisors, we provide coaching and mentoring to help you take your practice to higher levels. We have helped many advisors transform their practice, and we can help you too. If you're a financial professional struggling to hit that next level.

DISCLAIMER:
The videos & opinions on this channel are for educational purposes only & do not constitute investment advice. Angelo Mantzios is not registered to provide specific investment advice (only conceptual) & as such does not provide recommendations. THE Financial Strategies Group sources out money management. Angelo, and/or THE Financial Strategies Group, is not responsible for investment actions taken by viewers & content should not be used as a basis for investment trades.

Producer: Samantha Ballard Bryant Productions
Animation: Stephan Valent Instagram:

Book Recommendations:
The Wealthy Barber by David Chilton
https://www.amazon.com/Wealthy-Barber-Updated-3rd-Commonsense/dp/0761513116/ref=sr_1_1?crid=2ZA2C7SAQIB26&dchild=1&keywords=the+wealthy+barber&qid=1634925137&qsid=140-3725440-8468468&sprefix=the+wealthy+barber%2Caps%2C164&sr=8-1&sres=0761513116%2CB0056EH4JA%2C0968394744%2C1559580968%2C0773762167%2C0773756183%2CB0077SC0SI%2CB00D825RLO%2CB0160FDVCC%2CB00IGYSBOE%2CB008BUHTLE%2CB0000547HR%2C1612680194%2CB074B2CZJG%2CB08LBQGWSP%2CB084QG5RZT&srpt=ABIS_BOOK

Never Split the Difference by Chris Vos
https://www.amazon.ca/Never-Split-Difference-Negotiating-Depended-ebook/dp/B014DUR7L2/ref=sr_1_1?crid=N6I25OKZ0WAW&dchild=1&keywords=never+split+the+difference+by+chris+voss&qid=1634925468&s=books&sprefix=never+split+the+%2Cstripbooks%2C183&sr=1-1

How much to withdrawal from RRSP!

Please note:

The Pension Tax Credit (PTC) is applicable to money withdrawn from your RRIF at (or after) age 65.

For defined benefit plans, the PTC is applicable from when you start drawing it down, even before age 65. Also, if you income split your pensions w a spouse or common law partner, you both still receive the tax credit.

The PTC is NOT applicable against any government pensions (CPP, OAS or GIS).

Thanks for watching and feel free to comment or e-mail [email protected] for more information.

Instagram: https://www.instagram.com/behindtheVault
Website: https://www.behindthevault.net

This Channel was created to expand financial knowledge no matter what your income level is or where you are in life. Angelo always believed that there are three things you should never risk: Health, Family and Retirement.

"Our objectives are to continue to help provide sound, professional financial advice with respects to short-term and long-term financial goals, while minimizing uncontrollable risks. Our tax-focused approach to financial planning has saved families and business owners thousands of dollars a year by simply realigning & restructuring their financial plan. We've helped thousands in the past decade, and we can help you as well."

For aspiring and experienced Financial Advisors, we provide coaching and mentoring to help you take your practice to higher levels. We have helped many advisors transform their practice, and we can help you too. If you're a financial professional struggling to hit that next level.

DISCLAIMER:
The videos & opinions on this channel are for educational purposes only & do not constitute investment advice. Angelo Mantzios is not registered to provide specific investment advice (only conceptual) & as such does not provide recommendations. THE Financial Strategies Group sources out money management. Angelo, and/or THE Financial Strategies Group, is not responsible for investment actions taken by viewers & content should not be used as a basis for investment trades.

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