Episode 3: Understanding how life Insurance can be used to fund your pension plan
- Understanding how Canadian life Insurance can be used to fund your pension plan in Ontario
In this episode of GO FUND YOURSELF, Orlando describes a process in which life insurance can be used to fund YOUR pension. How? In short, the cash-value account grows over time and can be withdrawn as a source of income in retirement and if done correctly you may not pay any taxes on that “pension”. Sit back and take some notes on this truly amazing way to utilize life insurance to fund your retirement. As always Orlando brings you the tools to encourage you to GO FUND YOURSELF.
