A Leader In Offering Innovative Solutions
Finance Tips Mackenzie has successfully stayed ahead of the curve by offering innovative client solutions.
arol Bezaire has been instrumental in positioning Mackenzie Investments as a leader in providing innovative solutions such as its Registered Disability Savings Plan (RDSP) and Charitable Giving Program. As Vice President, Tax, Estate and Strategic Philanthropy, Bezaire and her team develop solutions to help investors and their families minimize their tax exposure, increase their savings and improve their communities through strategic charitable donations.
Registered Disability Savings Plan
The RDSP is a type of registered savings plan that allows families with members who have disabilities to access government funding otherwise not available to them. The federal government launched the RDSP program in 2008. An RDSP is open to anyone suffering impairment in physical or mental functions lasting, or expected to last, at least 12 months that qualifies them for the increased tax savings and other benefits provided by the Federal Disability Tax Credit.
As many Canadians who have disabilities are restricted in their ability to build for retirement, the RDSP was created as a long-term savings program to provide a secure future when family members can no longer offer support. Mackenzie Investments is the only investment firm offering the RDSP through independent financial advisors as part of over-all family financial and retirement plans. The generous Government support in the form of eligible matching Grants and non-matching Bonds for lower income families allows a significant opportunity to many Canadian families and their financial advisors in our communities.
Mackenzie Charitable Giving Program
This investment vehicle allows investors to reduce their tax burden while also leaving their mark through personal philanthropy. “We recently re-launched our Charitable Giving Program with enhanced benefits that make the program easier to access,” says Bezaire. “Investors are now able to earmark funds to be dedicated to their individual foundation account while avoiding the costs associated with setting up their own charitable foundation. Investors can support the same charities of their choice under either option.”
Meaningful philanthropic donations were once the exclusive domain of ultra-high-net-worth individuals, says Bezaire. “Now, thanks to Mackenzie’s Charitable Giving Program, every investor can make a difference.”
To find out more about how Mackenzie Investments can make a difference for you, talk to your financial advisor today.
Commissions, trailing commissions, management fees, brokerage fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Mackenzie developed the Mackenzie Charitable Giving Fund program with the Strategic Charitable Giving Foundation, a registered Canadian charity. Donations under the program are irrevocable and vest with the Foundation. The information is general in nature and is not intended to be professional tax advice. Each donor’s situation is unique and advice should be received from a financial advisor. Please read the program guide for complete program details, including fees and expenses,