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About this course

At job termination and/or retirement a number of KEY DECISIONS have to be made to ensure your and your family’s financial well-being. Questions such as, how to maximize my severance, which pension options do I choose are all decisions that have to be made. This course discusses these points in detail.

The first part of the course will discuss strategies to maximize a severance payout as planning might provide you with up to an additional 50% of the severance you are entitled to.

Then we will switch to the discussion around your pension options from a retirement income, tax, and estate angle. Since we will be discussing transferring your pension into your own locked-in plan, as one of the possibilities, we will spend some time also discussing retirement income investment options as understanding the types of products and guarantees available out there in the marketplace is a critical factor when discussing pension options.

With her extensive experience in these areas, Anna breaks down these quite complex topics into digestible discussion points and adds a number of examples to bring life to the discussion.

What you will learn?
TAX PLANNING REQUIRED WHEN RECEIVING A SEVERANCE PACKAGE
KEY FACTORS WHEN MAKING PENSION DECISONS
UNDERSTANING TYPES OF PENSIONS IN CANADA
Skills Covered
PERSONAL FINANCEINVESTMENT STRATEGYTAX MANAGEMENTFOREIGN PENSIONS AND ANNUITIESFINANCIAL PLANNING
schedule
1 hour on-demand video
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Certificate of completion
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Intermediate level
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No prerequisites
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No preparation required
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1 year access

US$59

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Browse course content
10 Video
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schedule
1 hours
Guide
Section 1.
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1. Pension Intro
50s
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2. Initial Considerations
1m 38s
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3. Income at Job _ Termination and Retirement
8m 26s
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4. Severance Payout Example - Meet Grace
4m 52s
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5. Pensions
16m 38s
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6. Investment Options for Retirement
6m 45s
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7. Investments Options with Guarantees
8m 10s
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8. Recent Changes to Commuted Value Calculations
1m 43s
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9. Meet Mary & John
15m 39s
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10. Conclusion
46s
Learn from the best
Anna Knight, CFP / INSTRUCTOR
Speaker ■ Coach ■ Writer ■ Business Owner ■ Financial Planner ■ Creator of Prosperity Retreats

Anna Knight is the Founder, Severance and Pension Specialist and Certified Financial Planner at Simplicity Financial (www.simplicityfinancial.ca). She started Simplicity Financial with over 20 years of industry experience to empower Canadians to take charge of and have pride in their finances. She is a trusted source of financial advice to her clients and key associates and strives to be the same for the community at large. To elevate her impact and reach, Anna delivers her money management and wealth-building courses to corporations and a number of organizations online through her carefully curated courses. She also shared her valuable and time-tested wealth-building strategies in her latest book "The Million Dollar Difference" and collaborated with her colleague to create a 30-day financial healing journal, "My Financial Wellness Journal." In her well-established private practice, Anna offers fee-for-service financial planning guidance or gets retained by her clients to manage their financial affairs. ​To implement the simple yet powerful financial plan, Anna has partnered with some industry leaders. ​To provide investment management advice, Anna is a Financial Advisor with Keybase Financial, an independent MFDA dealer. If her plans call for alterations or adding new life insurance solutions, Anna works as an Insurance Broker with Allen Wong & Associates / BridgeForce Financial. ​ In case her clients need any mortgages, Anna is a full-service mortgage broker (M18002128) through the Assured Mortgages Division of 1490845 Ontario Ltd. (FC #10259). Through Assured Mortgages, Anna has access to any and all lenders, from traditional banks to credit unions and private lenders. ​Before setting up her own independent practice, Anna worked for ICM, another independent MFDA dealer for several years, and Royal Bank of Canada, National Bank and Manulife Financial before that. She has not only extensive education in her field but also years of hands-on experience. ​As a wellness and fitness enthusiast, world explorer and dancer and mom, Anna ensures to keep on creating a work-life balance and encourages her clients to do the same. To share her business ownership and work-life balance strategies, Anna created Prosperity Retreats (www.prosperityretreats.com). A brand that provides not only multi-disciplinary educational resources but also semi-annual retreats designed to help people heal their financial life and create their definition of intentional and prosperous lives in all pillars of lives.