Investing for the Future

Pay yourself first. We hear it all the time. While that's definitely sound advice, we would add: "Pay yourself first, even before the government taxes you."

And if ever there is a time to invest in the future, it is now. It's never too early or too late to get started, but early savers get the full benefit of the "magic" of compounding. Don't let your best intentions of financial security fall victim to procrastination.

Capital Estate Planning and Rice Financial are committed to delivering a comprehensive range of products and services in a timely, courteous and professional manner, to all clients looking to enhance their personal and family's financial health.

To read about our investing services, please choose one of the options below:

» Guaranteed Investment Certificates (GICs)
» Mutual Funds
» Registered Retirement Savings Plan (RRSPs)
» Registered Retirement Income Fund (RRIF) and Annuities
» Registered Education Savings Plan (RESP)

Guaranteed Investment Certificates
GICs are considered a conservative investment vehicle that provides least risk of all options available. They provide investors with a defined rate of interest over a specified investment period, typically one to five years. At Capital Estate Planning, we broker GIC's through Rice Financial and are able to offer our clients their choice of very competitive GIC rates available from a large variety of bank and investment institutions in Canada. For current GIC top rates please visit Rice Financial, our broker dealer.

Mutual Funds
Mutual funds have become the undisputed investment vehicle of choice for Canadians, and for good reason. Even if you have little money to invest, they offer an easy way to assemble a portfolio of diversified investments that match your financial circumstances and goals, and have it professionally managed at a low cost. Capital Estate Planning offers access to over 3000 domestic and foreign mutual funds, including pooled funds.

Registered Products

Registered Retirement Savings Plan (RRSPs)
The RRSP has become one of the most important financial tools for Canadians. It allows investors to reduce their annual income tax bill, and is allowed to grow tax-free until withdrawal. Capital can be deposited into your choice of registered investments including stocks, GICs and mutual funds.

Registered Retirement Income Fund (RRIF) and Annuities
RRSPs must be converted to a RRIF or Annuity by December of the year you turn 71. At Capital Estate Planning Corporation, we offer a wide range of products to suit your individual profiles.

Registered Education Savings Plan (RESP)
A RESP is a tax-deferred education savings vehicle through which the federal government allows a subscriber to save money for a beneficiary's post-secondary education.

In March, 2007 the federal budget introduced two major changes to the contribution rules: The elimination of the $4,000 annual RESP contribution limit and the increase of the lifetime RESP contribution limit to $50,000 per beneficiary from $42,000.

To promote saving for a child's education and to give a boost to RESPs, the government also enhanced the Canada Education Savings Grant (CESG). The CESG, is deposited directly into the RESP itself. The maximum annual contribution that will qualify for the 20% CESG will be increased to $2,500 from $2,000, thereby increasing the maximum annual CESG per beneficiary per year to $500 from $400 for years beginning in 2007. For beneficiaries with unused CESGs from prior years, the new maximum CESG will be $1,000, based on a $5,000 RESP contribution. The $7,200 maximum lifetime CESG limit, however, remains unchanged.

Guaranteed Products

Guaranteed Investment Certificates (GIC's)
GIC's offer principal protection and guarantee the rate of return.

Principal Protected Notes
100% of the principal is guaranteed with flexible terms, low minimum investment and not locked-in.

Segregated Funds
Segregated funds are a great investment alternative for the individual who wants principal guarantee, death benefit guarantee, with options for growth or income.

Enhanced Segregated Funds
They are segregated funds with options and riders. These multi-asset, multi-manager, multi-style funds provide a 5% bonus per year during the accumulation phase (up to 10 years), and a guaranteed minimum withdrawal benefit (rider) during the retirement income phase.

For more information about investing for the future, please contact one of our financial advisors at either our Edmonton or Calgary offices.