Cybersecurity

by | Jun 23, 2022 | Financial Planning, Investments, Retirement |

The internet is an efficient way for you to stay connected with family and friends. On the flipside, like any public environment, you need to be aware and cautious. Just as locks on your doors can help you secure your home and belongings, there are steps you can take to safeguard your computer and personal information. Even the most techsavvy among us can become the target of con artists. Recognizing the signs of online fraud is an important first line of defence – and, fortunately, there are a few simple tactics you can use to protect yourself. Continue reading Cybersecurity_Essentials  ...

RESP – should you have one?

by | Nov 24, 2021 | Financial Planning, Investments |

While Christmas planning seems to be full swing, we here at MC Wealth are thinking about other year-end transactions.  One of those is topping up for RESP’s (Registered Education Savings Plans). We encourage you to read up on these valuable savings accounts offered through an RESP. You just may consider opening one for that special child in your life who could benefit from a little financial boost for their post-secondary education.  Whether you are a parent, grandparent, aunt/uncle, or even a close friend – consider this a great time to gift an RESP to assist with the increasing expenses of post-secondary education.  And did you know? A child can be a beneficiary on more than one RESP (conditions do apply). Below is a brochure from one of our partner fund companies that talks facts about RESP’s.  We think it’s a great informational tool for anyone who wants to know the quick information about RESP’s.  Dynamic RESP We have also included a link to another fund company site, where they have a series of informative articles about RESP’s, speaking to RESP Basics and Maximizing your RESP, to Cashing out an RESP.  You can find that link Fidelity RESP. If you are interested in setting up a new RESP for a child in your life, or if you already have an RESP and would like to do more to maximize your savings, contact us anytime to discuss.  The contribution calendar for an RESP is January to December, so if you’d like to make a contribution before the end of 2021, please contact us...