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UPDATED PRESENTATION

Published by branden.football, 2017-02-07 11:09:11

Description: UPDATED PRESENTATION

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Financial Planner - HOLDCO Income $190,300 How to Build Wealth CorporatelyInvest tax efficiently using a Holding Company Income: $190,300 -$3,510 Less: Quikcard - $3,000 plus admin fee $186,790 Net IncomeDividends for Planners (Pre Corp tax) (After Corp tax)1Cost of both Life Insurance $74,156 $66,370 Inter-Co Dividend to HoldCo $5,028 $4,500 Sub-Total for 2016 $107,606 $96,307 $186,790 $167,177 Robin Hood Plan investment amount $96,307 $3Add Back: Surplus Cash in Personal Robin Hood $68,937 Base Plan Investment amount $27,373 Extra Dollars to invest annuallyAsset MixEquities 60.00% $57,784Fixed Income 40.00% $38,523(Taxes paid - $6,450 Personal + $19,613 Corporate/Living expenses - $59,899) (Total Taxes Paid = $26,063)1 Ineligible or inter-company dividends net of 10.5% corporate tax (Manitoba).

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The Robin Hood Strategies Ltd. - Annualized SavingsRobin Hood Strategies - 1st year - CASH SAVINGS $ 27,373 2,737.30MWS Fee - 10% of CASH Savings* $Robin Hood Strategies - Annualized Investment SavingsInvestment Value: $ 570,000 $ 10,674First year BCV Schedule D: 1.69%BCV Schedule D thereafter: 1.50%* MWS Fee payment is 50% upfront and remaining 50% due in 4 months.


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