MoneyServices

has redesigned their website with valuable information for all investors. Visit GetSmarterAboutMoney.ca (a non-profit website set up by the Ontario Securities Commission) providing unbiased money and investment information. Some of the new features are highlighted below:
Tools and calculators Videos Life Events Section Research New Articles  Managing Your Money
 

The Little Tax Fact Book - We have done an update of The Little TaxFact Book effect January 2010. This booklet is provided compliments of Ed Arbuckle, FCA, CFP, TEP, Personal Wealth Strategies, fee-based family wealth planners, 205-30 Dupont Street E., Waterloo, Ontario (519) 884-7087 or (877) 883-3970 www.finplans.net

2009 Personal Tax Preparation Checklist - Ed Arbuckle, a Canadian MoneySaver contributing editor, has supplied a handy checklist that should assist you in preparing for the completion of your 2009 tax return. Provided compliments of Ed Arbuckle Financial Services Inc., Waterloo, Ontario, (519) 884-7087 or (877) 883-3970 www.finplans.net

This Executor's Checklist for Estate Administration may be helpful in connection with the preparation of the final tax returns for deceased individuals and the estate tax returns in the executor's year. Provided compliments of Ed Arbuckle Financial Services Inc., Waterloo, Ontario, (519) 884-7087 or (877) 883-3970 www.finplans.net

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Taxtips.ca offers a variety of calculators to help you assess the tax implications, risks and rewards of investing. For those debating RRSPs vs TFSAs you should try their new TFSA vs RRSP calculator. Some of the other calculators offered are:

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• Adjusted Cost Base & Capital Gain / Loss Calculator
  This unique Adjusted Cost Base and Capital Gain / Loss Calculator will help you find the ACB and list the capital gains or losses sustained from a series of trades you specify. Add and subtract your mutual fund holdings to illustrate the ACB. Printable report.
  
• Retirement Savings & Income Calculator
  The Retirement Savings and Income Calculator shows the regular RRSP contributions needed to achieve a specific retirement income. Easy to use with graphed chart and printable report. Shows RRSP savings converting into RRIF payouts.
• Mortgage Amortization Schedule Generator
  The Mortgage Amortization Schedule Calculator will illustrate the monthly payment schedule for mortgages of varying amounts. Provides a yearly total, reducing balances with principal and interest payments reducing to zero.
• Guaranteed Investment Certificates Rate & Return Comparison
  This Rate and Return Interest Calculator uses live data to form its illustrations, its displays accrued interest on differing amounts of capital over specific amounts of time. Printable report with graph.

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Compulife Software Inc., which has provided rate comparison software to life insurance brokers since 1982, is now offering a consumer life insurance comparison service called Term4Sale. Consumers can do their own multi-company comparisons of life insurance by visiting the Term4Sale Web site.

This Internet service is provided at NO CHARGE. Term4sale provides comparisons of the actual premiums for your age, sex, and smoking status for any face amount that you select. You can compare from several categories of guaranteed life insurance products: Level Term, Term to 100 or Whole Life. In addition, Term4Sale will provide you with important advice on what factors to consider when shopping for insurance and how to locate the best life insurance broker in your area.

Compulife Software does not sell life insurance. Compulife provides comparison software to over 3,000 subscribers throughout North America. Subscribers, who are also members of the Independent Life Insurance Brokers of Canada, have been invited to join a list of brokers which Compulife maintains in postal code order. When you call Compulife toll-free you will be given the phone numbers of three brokers in your area. Brokers listed by Compulife have agreed that they will provide you with further information and answer your questions at NO CHARGE. Compulife believes that finding a good broker is as important as shopping for a competitive policy.

If you do not have access to the Internet, and you would like the names of three Compulife subscribers in your area, you can call Compulife toll-free at (800) 567-8376.

Robert Barney completed a three-part series which dealt with the subject of how much life insurance you do you need. The three articles are provided here for you:

• You're Worth How Much?
• Yeah, but you missed...
• Fine-Tuning Income Replacement

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A series of educational articles are provided compliments of the Institute of Chartered Accountants of Ontario on a variety of practical topics. Visit often for the new offerings.