Fred Snyder - Estate Planning

Admin — Mon, 18 Jan 2010 09:59:37 -0800

David and Fred start out with their views on BCAA as Fred almost didn't make the show due to a flat tire.

The topic of the evening is Estate Planning and it turns out that Fred has finally convinced David to purchase a RRSP. There's a reason that must be compelling because David is usually adamant that you're better off paying down your consumer debt and mortgage, or investing outside the RRSP shelter.

Fred also let's us know some of his feelings about Management Expense Ratios (MER) on mutual funds. Read on to watch the show.

November 4, 2009 - Fred Snyder

richardpitt — Fri, 13 Nov 2009 19:30:44 -0800

David and Fred Snyder on Financial Planning with emphasis on Real Estate in the financial plan.

The individual Segments:

Introductions and Background
The family home - what is there that is more tax efficient?

Principle Protected Notes

richardpitt — Wed, 07 Oct 2009 21:56:41 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

Fred Snyder and David Ingram discuss retirement savings - 6th part in this series. Executor fees and why it may not be a good thing to leave a lump-sum estate to some people, rather set things up as a trust or other income stream facility. Use of a segmented fund insurance product to remove estate problems and speed distribution of money at death.
Make your Canadian mortgage tax deductible.

[meta:key executor fee, risk tolerance, investment, retirement, segmented fund...

New Product

richardpitt — Wed, 07 Oct 2009 21:50:42 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

David Ingram and Fred Snyder - continuation of their talk about Canadian retirement investment. Bank of Montreal has created a special investment product just for Fred. This principle protected investment is different from those offered by insurance companies.

[meta:key retirement, canada, tax planning, investment planning, retirement planning]

[tags: investment, retirement, CPP, mortgage, deductible_mortgage]

&n...

Meeting David Ingram

richardpitt — Wed, 07 Oct 2009 21:39:08 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

David Ingram and Fred Snyder discuss how they met and why they have done so many shows together now. At a financial forum, David talked about the other things that should be done before you purchase a RRSP, and of all the other speakers at this seminar, Fred was the only one who stood up and said the same thing.

[meta:key retirement, canada, tax planning, investment planning, retirement planning]

[tags: investment, retirement, CPP, mortgage, deductible_mo...

Unregistered Retirement Plans

richardpitt — Wed, 07 Oct 2009 21:30:19 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

David Ingram and Fred Snyder continue their talk. In this segment they discuss Fred's reasons for suggesting a "Unregistered" retirement saving plan to many people.

[meta:key retirement, canada, CPP, early CPP withdrawl, mortgage tax deductible, smith manoever, consumer debt, tax planning, investment planning, retirement planning]

[tags: investment, retirement, CPP, mortgage, deductible_mortgage]

...

OAP Claw-backs

richardpitt — Wed, 07 Oct 2009 21:20:43 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

David Ingram and Fred Snyder discuss investment and tax issues around retirement savings. Included is discussion of Old Age Pension claw-back for those earning "too much" after they retire because they are forced to take income from their RRSPs. Why it makes sense to have "Unregistered" retirement savings.

[meta:key retirement, canada, CPP, early CPP withdrawl, mortgage tax deductible, smith manoever, consumer debt, tax planning, investment planning, ret...

Windfall Elimination in US

richardpitt — Wed, 07 Oct 2009 21:15:38 -0700

David Ingram and Fred Snyder answer a phone question from a US Green Card holder whose wife lives with him in Point Roberts but commutes to Vancouver BC, Canada to work. The question has to do with RRSP and 401K retirement savings plans.

[meta:key retirement, canada, CPP, early CPP withdrawl, mortgage tax deductible, smith manoever, consumer debt, tax planning, investment planning, retirement planning]

[tags: investment, retirement, CPP, mortgage, deductible_mortgage]

...

Fred Snyder - Windfall Elimination Provision

richardpitt — Wed, 07 Oct 2009 21:00:25 -0700

Pacific Inn
1160 King George Highway

Exit 2B off Highway 99

Thursday October 15, 2009

It's Your Money seminar

Capital Creation - what you do after you've looked after your retirement. How to get income treated favourably from a tax point of view?

David Ingram and Fred Snyder continue their conversation on retirement investment. This session includes a question from a US Green Card holder whose wife lives with him in Point Roberts but who commutes to Vancouver to work. The question is about RRSP and 401K retirement investments and includes questions regarding how long the retiree has to have lived in Canada to qualify for Old Age Pension and in the US to not get caught by the Windfall Elimination Provision of the ...

Fred Snyder - Why a Financial Planner?

richardpitt — Wed, 23 Sep 2009 21:00:12 -0700

David Ingram and Fred Snyder discuss several scenarios of investment for long-term income streams with minimal tax and "claw-back" exposure

Insurance as an option to an otherwise standardized investment for an income stream - where the taxable income is as little as 10% of the actual monthly stream allowing minimal taxation and keeping overall income below the level that other government pension and security payments would otherwise be clawed back at.

Using your RRSP to make your mortgage tax deductible. There are many ways to use your current investments to make your otherwise non-tax deductible personal mortgage into a fully tax deductible investment mortgage. Using rental property income to do this is also discussed.

Discussion of disparity between income from investment in bonds and investment in mutual funds or other securities. People lose sight of the fact that by bond maturity they've paid tax on the interest income. "Salary and interest income are the tw...

Fred Snyder - Early CPP?

richardpitt — Thu, 03 Sep 2009 14:15:18 -0700

David and Fred discuss retirement planning. One of the most interesting questions is whether it is a good thing to take your CPP early at a reduced rate or wait until you qualify for the full pension.

Along with the discussion of pensions, Fred and David get into another lengthy discussion about financial planning with examples of when it pays to use your savings to pay off consumer debt, as well as why and how to make loans and mortgages tax deductible.

Fred has some very fixed ideas about why some people get stuck with ineffective investments and why some brokers and agents simply don't advise people the best ways to do things.

We're sure you'll enjoy this interview, especially if you are nearing retirement.

[meta:key retirement, canada, CPP, early CPP withdrawl, mortgage tax deductible, smith manoever, consumer debt, tax planning, investment planning, retirement planning]

[tags: i...

Fred Snyder - Know Your Client

richardpitt — Wed, 05 Aug 2009 21:30:52 -0700

Second in the series with Fred Snyder this Wednesday evening, this segment deals with financial planning.

Fred has spent long hours creating a computer tool that he uses to get to know his clients. This financial planning tool helps him help his clients get to know their financial health, asperations and fallbacks - and is provided freely by him to his clients and those who think they might like Fred to help them with investments.

"If you don't plan, you'll never get where you want to go" says Fred - and he backs it up with examples and stories.

...

Fred Snyder - Mortgage as a Business Tax Deduction

richardpitt — Wed, 05 Aug 2009 21:00:26 -0700

In the first of 4 segments with Fred Snyder this week, David and Fred talk about how a personal mortgage can be turned into a business tax deduction for anyone who has personal business income such as rental, SOHO, or investment income outside of a corporation.

Many financial people will tell you that it is "illegal" in Canada to have your home mortgage as a tax deduction - this is absolutely not correct. They're sort of right in that this cannot be done for anyone simply earning wages - but for anyone with any other kind of income not earned through a corporate entity they control (don't incorporate - just do the business in your own name or as a "Doing Business As") then it is both straight forward and perfectly legal.

Listen to David and Fred on this long-known method of paying your mortgage with "before tax dollars"

...

Fred Snyder - Call-in Financial Planning and Investment Questions

richardpitt — Wed, 08 Jul 2009 14:00:38 -0700

Fred and David take call-in questions from listeners around BC. Personal finance, why do a financial plan?

Watch the full interview