Name: Government Benefits for Retirement Planning
Price: 99 CAD
Rating: 4.7 (45 reviews)

What You'll Learn

check_circleIdentify key government pension plans for retirement.

check_circleDistinguish between various company pension types.

check_circleOptimize RRSP and TFSA for tax-advantaged savings.

check_circleUnderstand strategies for income splitting and withdrawals.

About This Course

Welcome to "Government Benefits for Retirement Planning," a continuing education course presented by PNC Learning Inc. This course is specifically designed to fulfill the continuing education requirements for financial advisors in Canada, providing a comprehensive overview of how government benefits integrate into effective retirement strategies.

Understanding the various sources of retirement income is crucial for comprehensive financial planning. This course will illuminate how government pensions, company plans, and personal savings interrelate to secure a client's financial future. By the end of this course, you will be proficient in:

Identifying different types of retirement income, including Old Age Security (OAS), Canada Pension Plan (CPP), and company pensions (Defined Benefit, Defined Contribution, DPSP).
Understanding the impact of personal savings within registered accounts like RRSPs, TFSAs, and LIRAs on retirement planning.
Conducting a thorough net worth and cash flow analysis, including assets (property, investments, life insurance) and liabilities (mortgages, loans).
Navigating the intricacies of OAS, including eligibility, payment calculations, deferral options, and associated benefits like the Guaranteed Income Supplement (GIS) and Allowance.
Mastering the Canada Pension Plan (CPP), covering contribution requirements, benefit calculations, early vs. delayed pension impacts, and survivor benefits.
Exploring company-sponsored registered pension plans (RPPs), distinguishing between Defined Benefit (DB) and Defined Contribution (DC) plans, and understanding their implications for employees.
Leveraging Registered Retirement Savings Plans (RRSPs) for tax-efficient savings, including strategies like the Home Buyer's Plan (HBP), Lifelong Learning Plan (LLP), spousal RRSPs, and income splitting.
Utilizing Tax-Free Savings Accounts (TFSAs) as a versatile savings vehicle, understanding their contribution room, withdrawal flexibility, and benefits for various income earners.
Comparing and contrasting RRSPs and TFSAs to determine optimal usage based on individual financial situations.

This course equips financial advisors with the expert knowledge to guide clients through the complexities of Canadian government benefits and other retirement income sources, ensuring a well-planned and secure retirement.

Your Instructor

PNC Learning

2x Award Winning Commercial Insurance Broker

menu_book70 courses

star330 reviews

Founder and CEO of PNC Learning (a wholly owned LearnDay subsidiary), one of Canada’s leading independent providers of pre-licensing and accredited continuing education courses for insurance professionals. https://courses.pnclearning.com With programs currently in use by thousands of students and at some of the largest insurance brokerages across Canada, Jacques has deep experience in successfully launching and marketing new e-Learning programs for the fitness industry, financial services, and other regulated industries. With a technical background, his expertise in e-Learning includes content creation, sales & marketing, and everything required to bring a new e-Learning program to market from the ground up.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.7

Student's Choice

45 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.