Severance Plan
Severance Plan Inquiry
Be sure you talk to a Certified Financial Planner before making any decisions.
Your Severance Plan Options
A few things worth understanding first
- Pay 30% withholding tax immediately — you then have cash to support your family.
- Reduce the amount of tax you will be paying at source by utilizing your Retirement Allowance via a tax-free RRSP rollover.
- Reduce the amount of tax you will pay even further by using any personal RRSP contribution amounts for that year.
- If and when you need additional funds to support the family, withdraw monies from your RRSP account and pay less tax.
Severance Plan Inquiry Form
Fields marked * are required. This opens a pre-filled email to John.Kason@Fieldhousecap.com.
Group Benefit Seminars
Customized education for your organization
We provide unbiased informational training and coaching seminars personalized for your group. Contact us to discuss how our team can deliver customized financial services and education programs on retirement and benefit plans.
Defined Benefit Options and Planning
Defined Contribution Plan Options and Plans
Retirement Planning and Budgeting
Severance Options and Planning
Understanding Risk
Understanding Your Investment Options
Tax Planning Strategies
Estate Planning