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FEBRUARY 2025
Ways to save on insurance with OTIP
Who doesn't love saving money? We drive across town to save a few dollars on gas, bundle our phone and cable services, use loyalty cards to earn points and comb through flyers to find the best deals. However, when it comes to saving on home and auto insurance, many people don't take action. They allow their policies to renew automatically, fail to compare options and miss out on potential savings. If you want to save more on your home and auto insurance, we have some tips to help lower your costs.
Read more at www.otip.com/article190. #OTIPUpdate
Complete insurance solutions for the Ontario education community
Get personalized service and exclusive discounts for all your insurance needs. Plus, get a $20 gift card of your choice when you get a car or home quote! Get a quote or call 1-888-892-4935 and mention this offer.
Who doesn't love saving money? We drive across town to save a few dollars on gas, bundle our phone and cable services, use loyalty cards to earn points and comb through flyers to find the best deals. However, when it comes to saving on home and auto insurance, many people don't take action. They allow their policies to renew automatically, fail to compare options and miss out on potential savings. If you want to save more on your home and auto insurance, we have some tips to help lower your costs.
Read more at www.otip.com/article190. #OTIPUpdate
Complete insurance solutions for the Ontario education community
Get personalized service and exclusive discounts for all your insurance needs. Plus, get a $20 gift card of your choice when you get a car or home quote! Get a quote or call 1-888-892-4935 and mention this offer.
Here’s how members of the education community can financially plan for their futures
Between preparing lesson plans to participating in extracurricular activities, it can be hard to find the time to learn about your personal finances.
But financial planning is essential to your long-term well-being, and with proper planning, you can reach your financial goals in the most efficient way possible.
Here are a few key things you should know about financial planning and taxes ahead of the RRSP and tax deadlines: https://bit.ly/40U4XjM.
Educators Financial Group has been offering financial planning and a wide selection of investing and lending products and services exclusively to education members and their families since 1975. It is this strong history that has enabled them to become the education community’s financial specialist — empowering educators to achieve their financial goals. Book your complimentary consultation today: https://bit.ly/4hfk3Ga.
Between preparing lesson plans to participating in extracurricular activities, it can be hard to find the time to learn about your personal finances.
But financial planning is essential to your long-term well-being, and with proper planning, you can reach your financial goals in the most efficient way possible.
Here are a few key things you should know about financial planning and taxes ahead of the RRSP and tax deadlines: https://bit.ly/40U4XjM.
Educators Financial Group has been offering financial planning and a wide selection of investing and lending products and services exclusively to education members and their families since 1975. It is this strong history that has enabled them to become the education community’s financial specialist — empowering educators to achieve their financial goals. Book your complimentary consultation today: https://bit.ly/4hfk3Ga.
JANUARY 2025
Complete insurance solutions for the Ontario education community. Get personalized service and exclusive discounts for all your insurance needs. Plus, get a $20 gift card of your choice when you get a car or home quote! Get a quote: https://bit.ly/4iNVr8M #OTIPUpdate
Investment and financial planning advice tailored exclusively for education members
You work hard for your money. It’s time for your money to work hard for you.
Open and invest in a new TFSA, RRSP, FHSA, or Non-Registered Account at Educators Financial Group® and receive $100 to kickstart your savings journey.* Their team of financial experts are dedicated to providing personalized advice and guidance tailored to your unique needs.
To get started, visit educatorsfinancialgroup.ca/invest100 to
book a consultation or call 1.800.263.9541 and mention this offer
(cite promo code Invest100).
Why choose Educators Financial Group?
Trusted by over 16,000 education members and their families
Dedicated financial advisor who will get to know your unique financial situation and goals
Invaluable educator-specific advice and support on an ongoing basis
Annual review and updates to your personal plan as your needs and goals change
Gratuity planning, cash flow management, retirement planning, debt consolidation, and more
You work hard for your money. It’s time for your money to work hard for you.
Open and invest in a new TFSA, RRSP, FHSA, or Non-Registered Account at Educators Financial Group® and receive $100 to kickstart your savings journey.* Their team of financial experts are dedicated to providing personalized advice and guidance tailored to your unique needs.
To get started, visit educatorsfinancialgroup.ca/invest100 to
book a consultation or call 1.800.263.9541 and mention this offer
(cite promo code Invest100).
Why choose Educators Financial Group?
Trusted by over 16,000 education members and their families
Dedicated financial advisor who will get to know your unique financial situation and goals
Invaluable educator-specific advice and support on an ongoing basis
Annual review and updates to your personal plan as your needs and goals change
Gratuity planning, cash flow management, retirement planning, debt consolidation, and more
DECEMBER 2024
How to prepare for a safe winter road trip
Winter road trips offer breathtaking scenery, but conditions can sometimes be less than perfect. According to the National Collision Database, nearly 30 percent of collisions happen on wet, snowy, or icy roads in November, December, January, and February. Whether you're driving up to the cottage for a cozy weekend away or visiting family or friends in another city or province, be sure to keep these winter safety tips top of mind.
Read more at www.otip.com/article188. #OTIPUpdate
Insurance built for all members of the education community. Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote. Get a quote online or call 1-888-892-4935 and mention this offer.
Winter road trips offer breathtaking scenery, but conditions can sometimes be less than perfect. According to the National Collision Database, nearly 30 percent of collisions happen on wet, snowy, or icy roads in November, December, January, and February. Whether you're driving up to the cottage for a cozy weekend away or visiting family or friends in another city or province, be sure to keep these winter safety tips top of mind.
Read more at www.otip.com/article188. #OTIPUpdate
Insurance built for all members of the education community. Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote. Get a quote online or call 1-888-892-4935 and mention this offer.
Important year-end financial planning deadlines and tips
As the year draws to a close, it’s a great time to review your financial situation and take advantage of year-end tax planning opportunities. With a little planning, you can maximize your savings, minimize your tax burden, and stay on track with your financial goals.
Here are a few key financial to-dos to consider:
Saving for your first home or your child’s education? Contribute to your First Home Savings Account and/or your child’s Registered Education Savings Plan before December 31 to maximize tax benefits and government grants.
For a comprehensive checklist of to-dos, check out this helpful resource: https://bit.ly/3Ors3Hf.
Don’t let your finances drift
Schedule a year-end financial review with an Educators financial advisor to track your progress towards your goals, optimize your taxes, and plan for your future. Their professional accreditation and experience working with educators like yourself will help you keep on track to meet your goals.
Visit https://bit.ly/41oEZ8L or call 1.800.263.9541 to get started today.
Educators Financial Group has been offering financial planning and a wide selection of investing and lending products and services exclusively to education members and their families since 1975. It is this strong history that has enabled them to become the education community’s financial specialist — empowering educators to achieve their financial goals.
As the year draws to a close, it’s a great time to review your financial situation and take advantage of year-end tax planning opportunities. With a little planning, you can maximize your savings, minimize your tax burden, and stay on track with your financial goals.
Here are a few key financial to-dos to consider:
Saving for your first home or your child’s education? Contribute to your First Home Savings Account and/or your child’s Registered Education Savings Plan before December 31 to maximize tax benefits and government grants.
- Maximize any charitable donations. ‘Tis the season to give—so if you want to get a donation receipt (for this year) that you can claim on your tax return in the spring, be sure to give those charitable donations by December 31.
For a comprehensive checklist of to-dos, check out this helpful resource: https://bit.ly/3Ors3Hf.
Don’t let your finances drift
Schedule a year-end financial review with an Educators financial advisor to track your progress towards your goals, optimize your taxes, and plan for your future. Their professional accreditation and experience working with educators like yourself will help you keep on track to meet your goals.
Visit https://bit.ly/41oEZ8L or call 1.800.263.9541 to get started today.
Educators Financial Group has been offering financial planning and a wide selection of investing and lending products and services exclusively to education members and their families since 1975. It is this strong history that has enabled them to become the education community’s financial specialist — empowering educators to achieve their financial goals.
NOVEMBER 2024
Retirement, will, and estate planning
Creating a valid will can be an uncomfortable and confusing process. But you’re not alone in feeling it’s difficult to make a will. According to a 2019 study commissioned by Willful, over 57% of Canadians don’t have a will. So, to help you get started this Make a Will Month, we’ve answered some questions you may have about legal wills in Ontario and what you’ll need to consider when making yours. Life can be unpredictable, but having a will ensures the unexpected doesn’t leave your loved ones unprepared.
Read more at https://bit.ly/4efKcCd. #OTIPUpdate
Insurance built for all members of the education community. Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote. Get a quote online or call 1-888-892-4935 and mention this offer.
Creating a valid will can be an uncomfortable and confusing process. But you’re not alone in feeling it’s difficult to make a will. According to a 2019 study commissioned by Willful, over 57% of Canadians don’t have a will. So, to help you get started this Make a Will Month, we’ve answered some questions you may have about legal wills in Ontario and what you’ll need to consider when making yours. Life can be unpredictable, but having a will ensures the unexpected doesn’t leave your loved ones unprepared.
Read more at https://bit.ly/4efKcCd. #OTIPUpdate
Insurance built for all members of the education community. Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote. Get a quote online or call 1-888-892-4935 and mention this offer.
3 Ways to Celebrate Financial Literacy Month
Welcome to Financial Literacy Month!
Talking about money can be tough, but it doesn’t have to be. This November, we’re embracing the theme “Money on your Mind. Talk about it!” to help break the stigma around financial conversations.
Whether you’re dealing with personal debt, budgeting for the future, or just curious about how to make your money work harder, Educators Financial Group can support you every step of the way.
Here are three ways you can learn with Educators Financial Group this Financial Literacy Month:
Welcome to Financial Literacy Month!
Talking about money can be tough, but it doesn’t have to be. This November, we’re embracing the theme “Money on your Mind. Talk about it!” to help break the stigma around financial conversations.
Whether you’re dealing with personal debt, budgeting for the future, or just curious about how to make your money work harder, Educators Financial Group can support you every step of the way.
Here are three ways you can learn with Educators Financial Group this Financial Literacy Month:
- Fast-track your financial literacy by signing up for a free 5-day mini course. In this 5-part email series, you’ll learn how to manage your debt, build a successful financial plan, maximize your money through tax-saving strategies, and more. Plus, when you sign up during Financial Literacy Month, you’ll automatically be entered to win 1 of 5 $50 gift cards.
- Get your questions answered by an Educators Financial Advisor. Book a call with an Educators Financial Advisor to discuss your finances and create a plan that works for you.
- Attend a new lineup of webinars:
- Financial Planning in your Early and Mid Career on Nov 12, 5:00pm – 6:15pm
- Investing - Empowering You to Make the Right Choices on Nov 18, 7:00pm – 8:15pm
- Financial Empowerment - Securing Your Legacy on Nov 26, 4:30pm – 5:45pm
OCTOBER 2024
Home fire safety
One of the most common emergencies Canadians experience is a fire in their home. House fires can happen anywhere and anytime, but they're most common between December and March. Since Fire Prevention Week is October 6 to 12, it's the perfect time to learn how to protect your home and loved ones from the impacts of fire. A house fire can pose a severe threat in just a few minutes, which is why it's so important to be informed and prepared.
Read more at https://bit.ly/3N4JLQ4. #OTIPUpdate
One of the most common emergencies Canadians experience is a fire in their home. House fires can happen anywhere and anytime, but they're most common between December and March. Since Fire Prevention Week is October 6 to 12, it's the perfect time to learn how to protect your home and loved ones from the impacts of fire. A house fire can pose a severe threat in just a few minutes, which is why it's so important to be informed and prepared.
Read more at https://bit.ly/3N4JLQ4. #OTIPUpdate
Maximize your RRSPs by avoiding these two common missteps
Having a pension is a great thing. But, when it comes to ensuring you have the cash flow you need in retirement, it’s always a good idea to have a bit of a financial cushion in addition to those monthly OTPP or OMERS payments. That’s where the Registered Retirement Savings Plan (RRSP) comes in. Yet many Canadians are making costly mistakes.
When it comes to your RRSP, here are two things you should avoid: https://bit.ly/3MXYa0y.
Brought to you by Educators Financial Group. Trusted by over 16,000 education members and their families to meet their financial goals. Book your complimentary consultation today: https://bit.ly/3TAFRlW.
Having a pension is a great thing. But, when it comes to ensuring you have the cash flow you need in retirement, it’s always a good idea to have a bit of a financial cushion in addition to those monthly OTPP or OMERS payments. That’s where the Registered Retirement Savings Plan (RRSP) comes in. Yet many Canadians are making costly mistakes.
When it comes to your RRSP, here are two things you should avoid: https://bit.ly/3MXYa0y.
Brought to you by Educators Financial Group. Trusted by over 16,000 education members and their families to meet their financial goals. Book your complimentary consultation today: https://bit.ly/3TAFRlW.
SEPTEMBER 2024
Starting the new school year off strong and supported
Welcome back to another school year! We hope you’re feeling refreshed and inspired after the summer break. Now is an ideal time to reflect on your accomplishments and plan for the future, both personally and professionally. We want to reassure you that our team is committed to supporting your health, wellness, and financial security so you can thrive in your pivotal role within the education community. You may be most familiar with Ontario Teachers Insurance Plan (OTIP) as your group benefits provider, but did you know that we also offer personal insurance coverage?
Read on to learn more about what we’re proud of at www.otip.com/article185. #OTIPUpdate
As our way of saying thank you for getting an auto and/or home insurance quote, we'll send you a $20 gift card of your choice. Plus, when you get a quote throughout September and October, you'll be automatically entered into
our Back to School Bonus Contest for a chance to win $1,000 cash! Get an online quote or call 1-888-892-4935 and mention this offer.
Welcome back to another school year! We hope you’re feeling refreshed and inspired after the summer break. Now is an ideal time to reflect on your accomplishments and plan for the future, both personally and professionally. We want to reassure you that our team is committed to supporting your health, wellness, and financial security so you can thrive in your pivotal role within the education community. You may be most familiar with Ontario Teachers Insurance Plan (OTIP) as your group benefits provider, but did you know that we also offer personal insurance coverage?
Read on to learn more about what we’re proud of at www.otip.com/article185. #OTIPUpdate
As our way of saying thank you for getting an auto and/or home insurance quote, we'll send you a $20 gift card of your choice. Plus, when you get a quote throughout September and October, you'll be automatically entered into
our Back to School Bonus Contest for a chance to win $1,000 cash! Get an online quote or call 1-888-892-4935 and mention this offer.
Insurance built for all members of the education community. Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote.
Plus, when you get a quote throughout September and October, you'll be automatically entered into our Back to School Bonus Contest for a chance to win $1,000 cash!
Get a quote: https://bit.ly/3T2P5XM #OTIPUpdate
Plus, when you get a quote throughout September and October, you'll be automatically entered into our Back to School Bonus Contest for a chance to win $1,000 cash!
Get a quote: https://bit.ly/3T2P5XM #OTIPUpdate
Not sure which account is right for your investment goals?
Compare the benefits of a TFSA, RRSP, and FHSA to find the best option for you.
Plus, for a limited time, open a TFSA, RRSP, or FHSA and you could win $1,000*: https://bit.ly/4g4Ph2v.
Brought to you by Educators Financial Group
Compare the benefits of a TFSA, RRSP, and FHSA to find the best option for you.
Plus, for a limited time, open a TFSA, RRSP, or FHSA and you could win $1,000*: https://bit.ly/4g4Ph2v.
Brought to you by Educators Financial Group
JUNE 2024
What you need to know about driving with pets and auto insurance
It’s not unusual to spot a dog’s head or nose sticking out of the window of a passing car – having the wind blow through their fur and taking in all sorts of scents. It can be an exhilarating experience, and it’s no wonder they enjoy it. On the other hand, a driver caught with a dog in their lap may be in for an expensive surprise. According to the Ontario Provincial Police, there isn’t a specific charge for having a dog in your lap, but it could be considered a crowding the driver’s seat charge.
Read more at www.otip.com/article183. #OTIPUpdate
It’s not unusual to spot a dog’s head or nose sticking out of the window of a passing car – having the wind blow through their fur and taking in all sorts of scents. It can be an exhilarating experience, and it’s no wonder they enjoy it. On the other hand, a driver caught with a dog in their lap may be in for an expensive surprise. According to the Ontario Provincial Police, there isn’t a specific charge for having a dog in your lap, but it could be considered a crowding the driver’s seat charge.
Read more at www.otip.com/article183. #OTIPUpdate
Money 101: how to make the most of a lump sum cash flow boost
(including Bill 124 remedy payments)
Regardless of where you are on the pay grid, it’s important to make every dollar count, especially in today’s economy. So, if you’ve recently come into an inheritance or received a settlement through the Bill 124 remedy, here are 5 ways to maximize every dollar so that you can achieve your financial goals faster: https://bit.ly/3X0hwZ9.
(including Bill 124 remedy payments)
Regardless of where you are on the pay grid, it’s important to make every dollar count, especially in today’s economy. So, if you’ve recently come into an inheritance or received a settlement through the Bill 124 remedy, here are 5 ways to maximize every dollar so that you can achieve your financial goals faster: https://bit.ly/3X0hwZ9.
MAY 2024
Wouldn’t it be GRAND?
Enter to win our monthly prize of
$1,000 cash and the grand prizeof $3,000!
Enter now
No purchase necessary. Open to all active and retired Ontario education members.
Must be an Ontario resident, minimum 18 years of age to enter.
Contest closes December 31, 2024. Selected winners must correctly answer a skill-testing question.
Full contest rules at www.otip.com/contest-rules. Odds of winning depend on entries received by the draw date for the prizes.
Enter to win our monthly prize of
$1,000 cash and the grand prizeof $3,000!
Enter now
No purchase necessary. Open to all active and retired Ontario education members.
Must be an Ontario resident, minimum 18 years of age to enter.
Contest closes December 31, 2024. Selected winners must correctly answer a skill-testing question.
Full contest rules at www.otip.com/contest-rules. Odds of winning depend on entries received by the draw date for the prizes.
APRIL 2024
Protect your home from basement flooding
After a cold winter, the springtime is a welcome change. But with the longer days and warmer weather comes new challenges. The potential for flooding increases as the snow melts and heavy rain falls. Canadians are experiencing more floods than ever before. According to the Government of Canada, flooding has increased 300% since the 1960s. But many homeowners haven't taken the proper steps to protect themselves or their properties. No matter what area you live in, flooding can happen to you. Don't wait for the water – take these proactive steps to minimize your risk of a flood damaging your home.
Read more at www.otip.com/article180. #OTIPUpdate
After a cold winter, the springtime is a welcome change. But with the longer days and warmer weather comes new challenges. The potential for flooding increases as the snow melts and heavy rain falls. Canadians are experiencing more floods than ever before. According to the Government of Canada, flooding has increased 300% since the 1960s. But many homeowners haven't taken the proper steps to protect themselves or their properties. No matter what area you live in, flooding can happen to you. Don't wait for the water – take these proactive steps to minimize your risk of a flood damaging your home.
Read more at www.otip.com/article180. #OTIPUpdate
Planning for retirement: Are you ready?
Retirement can be a remarkable time of life when you get to explore new things. To make the most of your retirement, you'll want a solid financial foundation to fund your basic needs and those extra activities you finally have time to do. But how much do you need? Let's find out.
Read more at www.otip.com/article181. #OTIPUpdate
Retirement can be a remarkable time of life when you get to explore new things. To make the most of your retirement, you'll want a solid financial foundation to fund your basic needs and those extra activities you finally have time to do. But how much do you need? Let's find out.
Read more at www.otip.com/article181. #OTIPUpdate
Demystifying Responsible Investing: what you need to know
“Sustainable”. “Green”. “Ethical”. “Responsible”.
Although described in many different ways, investing in funds or companies that reflect your beliefs and values has been one of the fastest-growing investment trends in recent years. Around the world, investors expect to increase the share of sustainably invested assets from 18% to 37% by 2025.
If you’re one of the many investors interested in supporting environmental, social, and corporate governance causes, here’s what you need to know: https://bit.ly/494oGxS.
“Sustainable”. “Green”. “Ethical”. “Responsible”.
Although described in many different ways, investing in funds or companies that reflect your beliefs and values has been one of the fastest-growing investment trends in recent years. Around the world, investors expect to increase the share of sustainably invested assets from 18% to 37% by 2025.
If you’re one of the many investors interested in supporting environmental, social, and corporate governance causes, here’s what you need to know: https://bit.ly/494oGxS.
Early retirement 101: the importance of being financially and emotionally ready
Did you know that education members tend to retire earlier than the average Canadian (age 59 versus 64)? The sudden shift from working all hours to having an abundance of free time can take a little getting used to—both financially and emotionally. If early retirement is on your mind, and especially if you’re thinking of retiring before you reach your 85 or 90 factor, here’s what you need to do to prepare for life ‘after school’: https://bit.ly/3TRpcen.
Brought to you by Educators Financial Group. Helping the education community, and their families, achieve their financial goals since 1975. Book your complimentary consultation today: https://bit.ly/3VywPaW.
Did you know that education members tend to retire earlier than the average Canadian (age 59 versus 64)? The sudden shift from working all hours to having an abundance of free time can take a little getting used to—both financially and emotionally. If early retirement is on your mind, and especially if you’re thinking of retiring before you reach your 85 or 90 factor, here’s what you need to do to prepare for life ‘after school’: https://bit.ly/3TRpcen.
Brought to you by Educators Financial Group. Helping the education community, and their families, achieve their financial goals since 1975. Book your complimentary consultation today: https://bit.ly/3VywPaW.
MARCH 2024
Insurance built for all members of the education community.
Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote!
Learn more: https://bit.ly/3Rce6Os #OTIPUpdate
Get personalized service, exclusive discounts on car and home insurance, and a $20 gift card of your choice when you get a quote!
Learn more: https://bit.ly/3Rce6Os #OTIPUpdate
FEBRUARY 2024
Burnout and Stress 101: Finding Balance with Mindfulness
In today's fast-paced world, it's no surprise that burnout and stress are common challenges millions face. As society places increasing demands on our time, energy, and mental capacity, many feel drained, unfulfilled, and overwhelmed.
However, there is a secret tool for gaining mental clarity and a sense of inner peace. Here, we'll get into the complexities of burnout and stress and discuss how mindfulness can pave the way to enhanced well-being.
Read more at www.otip.com/article176. #OTIPUpdate
In today's fast-paced world, it's no surprise that burnout and stress are common challenges millions face. As society places increasing demands on our time, energy, and mental capacity, many feel drained, unfulfilled, and overwhelmed.
However, there is a secret tool for gaining mental clarity and a sense of inner peace. Here, we'll get into the complexities of burnout and stress and discuss how mindfulness can pave the way to enhanced well-being.
Read more at www.otip.com/article176. #OTIPUpdate
Claims counselling – our dedicated team is here to help
The unfortunate reality is accidents happen. That's why insurance exists. However, we recommend you speak with your licensed insurance broker about whether making an official claim with your insurance company is in your best interest. That's where claims counselling comes in handy.
Read more at www.otip.com/article177. #OTIPUpdate
The unfortunate reality is accidents happen. That's why insurance exists. However, we recommend you speak with your licensed insurance broker about whether making an official claim with your insurance company is in your best interest. That's where claims counselling comes in handy.
Read more at www.otip.com/article177. #OTIPUpdate
Six components that every education member should add to their financial plan
There are many building blocks to a successful financial plan, and it can be hard to create — and stick to — each block.
For many, the choice between stocks and bonds and the arrangement of pensions and taxes can be daunting. Personalized and professional financial advice can help you manage your unique needs and challenges to create a workable strategy.
With the RRSP deadline around the corner, and tax deadline quickly approaching, here are key things you should know about financial planning and taxes: https://bit.ly/3SdKWPr.
Brought to you by Educators Financial Group. Trusted by over 16,000 education members and their families to meet their financial goals. Book your complimentary consultation today: https://bit.ly/3SeMQ2c.
There are many building blocks to a successful financial plan, and it can be hard to create — and stick to — each block.
For many, the choice between stocks and bonds and the arrangement of pensions and taxes can be daunting. Personalized and professional financial advice can help you manage your unique needs and challenges to create a workable strategy.
With the RRSP deadline around the corner, and tax deadline quickly approaching, here are key things you should know about financial planning and taxes: https://bit.ly/3SdKWPr.
Brought to you by Educators Financial Group. Trusted by over 16,000 education members and their families to meet their financial goals. Book your complimentary consultation today: https://bit.ly/3SeMQ2c.
JANUARY 2024
Turning up the heat: safety tips
There’s nothing like a home that’s toasty and warm when the temperature starts to drop. But there are precautions to take in order to heat safely. Here are some handy tips to avoid ending up… in hot water.
Read more at www.otip.com/article175. #OTIPUpdate
There’s nothing like a home that’s toasty and warm when the temperature starts to drop. But there are precautions to take in order to heat safely. Here are some handy tips to avoid ending up… in hot water.
Read more at www.otip.com/article175. #OTIPUpdate
How to put your financial plan into motion
When it comes to your financial dreams and goals, where would you like to be a year from now? How about five years from now?
Okay, so you probably can’t even think past the next few weeks let alone five years down the road. However, school years come and go – and before you know it you will have reached your 85- or 90-factor.
Don’t let the years pass you by without spending some time on your financial goals, especially as we kick off a new year. Whether you’re looking to make things happen in the short term, long term, or both, here’s how to put your plans for the future into motion today: https://bit.ly/3RHUEsW.
PLUS: for a limited time, when you open a new investment account with Educators Financial Group, you’ll automatically be entered for a chance to WIN $1,000.* Learn more: https://bit.ly/3NJKQxL
Brought to you by Educators Financial Group.
When it comes to your financial dreams and goals, where would you like to be a year from now? How about five years from now?
Okay, so you probably can’t even think past the next few weeks let alone five years down the road. However, school years come and go – and before you know it you will have reached your 85- or 90-factor.
Don’t let the years pass you by without spending some time on your financial goals, especially as we kick off a new year. Whether you’re looking to make things happen in the short term, long term, or both, here’s how to put your plans for the future into motion today: https://bit.ly/3RHUEsW.
PLUS: for a limited time, when you open a new investment account with Educators Financial Group, you’ll automatically be entered for a chance to WIN $1,000.* Learn more: https://bit.ly/3NJKQxL
Brought to you by Educators Financial Group.
DECEMBER 2023
Should you opt out of Direct Compensation Property Damage coverage?
Soon, Ontario drivers will have a new option to restrict coverage in the event of a collision—the option not to claim damages.
In December 2022, the Financial Services Regulatory Authority of Ontario (FSRA) announced that Ontario Policy Change Form (OPCF) 49 will give drivers the choice to opt out of Direct Compensation Property Damage (DCPD) coverage.
Under OPCF 49, you can agree not to be compensated by your insurance company or anyone else, including anyone at fault for causing the damage or their insurance company. But what does that mean?
Read more at www.otip.com/article173. #OTIPUpdate
Soon, Ontario drivers will have a new option to restrict coverage in the event of a collision—the option not to claim damages.
In December 2022, the Financial Services Regulatory Authority of Ontario (FSRA) announced that Ontario Policy Change Form (OPCF) 49 will give drivers the choice to opt out of Direct Compensation Property Damage (DCPD) coverage.
Under OPCF 49, you can agree not to be compensated by your insurance company or anyone else, including anyone at fault for causing the damage or their insurance company. But what does that mean?
Read more at www.otip.com/article173. #OTIPUpdate
The top 8 things that should be on your ‘end of the year financial to-do’ list
If you hold any kind of investments, have children or grandchildren, or turned 71 this year, this is one list you might want to bookmark. While it may not be filled with elaborate gifts or delectable treats, taking care of the items on this list will provide you with the financial peace of mind to make you merry not only during the upcoming holiday season—but also in the years to come.
Here are your top 8 financial ‘to-dos’ before the end of the year:
#1: Consider making TFSA withdrawals by December 31st.
If you were thinking about withdrawing from your Tax-Free Savings Account in the next few months to pay for home renovations, car repairs, or other big-ticket items—you might want to consider taking that money out by December 31st. Otherwise, if you withdraw funds from your TFSA after January 1st, you wouldn’t be able to re-contribute that money until the following calendar year.
#2: Get those RESP contributions in by December 31st to maximize the CESG.
While you can contribute to a Registered Education Savings Plan anytime (within 31 years of opening it), maximizing your contributions before the end of each calendar year has one very specific benefit—getting the most from the Canada Education Savings Grant (CESG). That’s where the government chips in up to 20% over and above your annual contributions.
Read the full article: https://bit.ly/3QSUZsF
Brought to you by Educators Financial Group.
Helping the education community, and their families, achieve their financial goals since 1975.
Book your complimentary consultation today: https://bit.ly/3sWAWRW.
If you hold any kind of investments, have children or grandchildren, or turned 71 this year, this is one list you might want to bookmark. While it may not be filled with elaborate gifts or delectable treats, taking care of the items on this list will provide you with the financial peace of mind to make you merry not only during the upcoming holiday season—but also in the years to come.
Here are your top 8 financial ‘to-dos’ before the end of the year:
#1: Consider making TFSA withdrawals by December 31st.
If you were thinking about withdrawing from your Tax-Free Savings Account in the next few months to pay for home renovations, car repairs, or other big-ticket items—you might want to consider taking that money out by December 31st. Otherwise, if you withdraw funds from your TFSA after January 1st, you wouldn’t be able to re-contribute that money until the following calendar year.
#2: Get those RESP contributions in by December 31st to maximize the CESG.
While you can contribute to a Registered Education Savings Plan anytime (within 31 years of opening it), maximizing your contributions before the end of each calendar year has one very specific benefit—getting the most from the Canada Education Savings Grant (CESG). That’s where the government chips in up to 20% over and above your annual contributions.
Read the full article: https://bit.ly/3QSUZsF
Brought to you by Educators Financial Group.
Helping the education community, and their families, achieve their financial goals since 1975.
Book your complimentary consultation today: https://bit.ly/3sWAWRW.
NOVEMBER 2023
Winter tire 101
It’s no secret that getting from point A to point B in the middle of a Canadian blizzard can be tough. Thankfully, there’s one simple step you can take towards a safer winter drive: installing a set of quality winter tires.
Read more at www.otip.com/article171. #OTIPUpdate
It’s no secret that getting from point A to point B in the middle of a Canadian blizzard can be tough. Thankfully, there’s one simple step you can take towards a safer winter drive: installing a set of quality winter tires.
Read more at www.otip.com/article171. #OTIPUpdate
November is Financial Literacy Month
Pay grids. Pension contributions. Deferred leaves. These are all factors unique to education members. And each of these factors plays an important role when it comes to your overall financial journey.
This month, take time to empower yourself and invest in your own financial wellbeing. By being financially literate, you can better manage life events such as buying your first home, having a child, or retiring early.
Check out these upcoming events and educational resources to help strengthen your financial literacy and make more informed decisions about your money:
Pay grids. Pension contributions. Deferred leaves. These are all factors unique to education members. And each of these factors plays an important role when it comes to your overall financial journey.
This month, take time to empower yourself and invest in your own financial wellbeing. By being financially literate, you can better manage life events such as buying your first home, having a child, or retiring early.
Check out these upcoming events and educational resources to help strengthen your financial literacy and make more informed decisions about your money:
- NEW First Home Savings Account (FHSA) resources
- FHSA 101 on-demand webinar: https://bit.ly/3QbbJea
- A step-by-step guide: Using a First Home Savings Account to help you save for your first home: https://bit.ly/46LwILJ
- Walk into Retirement with a Plan – sign up for upcoming workshops and webinars in collaboration with OTIP: https://otip.my.salesforce-sites.com/wrpen/
- Financial literacy newsletter – get educator-specific tips and resources straight to your inbox every month, plus your chance to win a $50 gift card: https://bit.ly/3Q6ptqK
October 2023
The ultimate fall home maintenance checklist
Preparing your home in the warmer weather could save you some headaches when winter starts blowing in. Wondering what kind of home maintenance tasks you need to do to get your property ready for fall and winter?
Read more at www.otip.com/article170. #OTIPUpdate
Preparing your home in the warmer weather could save you some headaches when winter starts blowing in. Wondering what kind of home maintenance tasks you need to do to get your property ready for fall and winter?
Read more at www.otip.com/article170. #OTIPUpdate
The top 10 tips for getting the most out of your mortgage renewal
Have a mortgage renewal coming up? You may be tempted to simply sign that renewal letter and be done with it (because time is ticking and interest rates keep on rising). However, not doing your homework before renewal time could mean missing out on opportunities to save money or switch to another mortgage that’s a better fit for your current needs.
Get the most out of your mortgage renewal with these 10 tips: https://bit.ly/3xxKT7G.
Brought to you by Educators Financial Group.
Have a mortgage renewal coming up? You may be tempted to simply sign that renewal letter and be done with it (because time is ticking and interest rates keep on rising). However, not doing your homework before renewal time could mean missing out on opportunities to save money or switch to another mortgage that’s a better fit for your current needs.
Get the most out of your mortgage renewal with these 10 tips: https://bit.ly/3xxKT7G.
Brought to you by Educators Financial Group.
September 2023
Feeling refreshed for a new school year
Summer break is an excellent time to refresh yourself for the next school year. It’s also an ideal time to align your goals, including those that support your health, wellness, and financial security. Let OTIP help you with that!
Read more at www.otip.com/article168. #OTIPUpdate
Summer break is an excellent time to refresh yourself for the next school year. It’s also an ideal time to align your goals, including those that support your health, wellness, and financial security. Let OTIP help you with that!
Read more at www.otip.com/article168. #OTIPUpdate
Sending your teen off to school? Don’t skip these 7 steps
Moving away to college or university will likely be the longest stretch of time your teen has ever spent away from home. In your final few days of the summer holidays, take these 7 steps to prepare your teen for dorm life.
Read more at www.otip.com/article169. #OTIPUpdate
Moving away to college or university will likely be the longest stretch of time your teen has ever spent away from home. In your final few days of the summer holidays, take these 7 steps to prepare your teen for dorm life.
Read more at www.otip.com/article169. #OTIPUpdate
3 quick tips for starting the school year on the right financial track
For members of the education community, this time of year can be demanding enough without having to stress about your cash flow. If you also happen to be coming back from leave or have had a recent change in status to your contract, there are also key financial details you’ll want to keep in mind, going into the new school year.
That’s why we’ve put together 3 quick tips to help you start the school year on the right financial track. https://bit.ly/45OT91O. Brought to you by Educators Financial Group.
For members of the education community, this time of year can be demanding enough without having to stress about your cash flow. If you also happen to be coming back from leave or have had a recent change in status to your contract, there are also key financial details you’ll want to keep in mind, going into the new school year.
That’s why we’ve put together 3 quick tips to help you start the school year on the right financial track. https://bit.ly/45OT91O. Brought to you by Educators Financial Group.