Selectpath - The RIGHT Path For Employers

Mar/Apr 2005
>>	IN THIS ISSUE:
(+)	A MESSAGE From Selectpath
(+)	Group RRSP Advantage
(+)	A Refresher on Cost Plus
(+)	ABOUT Us
(+)	Newsletter Archives

>>	RECENT ARTICLES:
(+)	HEALTH SPENDING ACCOUNTS
(+)	Capital Accumulation Plan Guidelines May Spur Sponsorship
(+)	Does Your BENEFIT Plan Need A Check Up?
(+)	Read our archived articles.

EMPLOYEE BENEFIT PLANNING

John D. Harkins
Partner

Gordon R. Hart
Partner

J. Wayne Koch
Partner

Kevin L. Routley
Partner

GROUP RETIREMENT PLANNING

Barry Laberge
Certified Financial Planner

FACTOID:

The average Canadian now uses one more prescription per year than they did five years ago. That represents a greater than 17% increase in the number of prescriptions per covered individual. (ESI Canada, Canadian Institute of Health Information and Statistics Canada, found in "Drug plan management: Yesteryear, today and beyond," Benefits Canada, August 2003, page 47)

A MESSAGE From Selectpath

Selectpath provides more than Employee Benefits Planning...

You may not have known that Selectpath provides services in addition to Employee Benefits Planning. In fact, we have three divisions of our company that collectively service your every need.

One of our Financial Advisors, Barry Laberge, works with Business Owners and Employers to help with Group Retirement Planning issues.

Barry is available to meet to discuss your corporate and professional needs. You can reach him at (519) 675-1177 or by email at barry@selectpath.ca.

Thanks for letting us serve you better.

FEATURED ARTICLES:

Group RRSP Advantage

Will you benefit from a Group RRSP Plan?

Those employees fortunate enough to participate in an employer group RRSP plan are even further ahead than those who provide for their future retirement needs by contributions to an individual RRSP.

Click here to read the full article.

A Refresher on Cost Plus

Will your Cost Plus Program be Audited? Is it set up properly?

As a result of recent Canada Revenue Agency (CRA) audits of some plan sponsors’ Cost Plus programs, we felt it was timely to review the “do’s and don’ts” of setting up a Cost Plus plan.

What is Cost Plus?

Cost Plus is an arrangement offered by most carriers that allows you to provide your employees with additional coverage for health and dental expenses not covered under your existing group benefits plan.

Why set up a Cost Plus arrangement?

Click here to read the full article.

ABOUT US:

Selectpath is an independent firm of professional financial advisors and employee benefits specialists based in London, Ontario. Through our strategic alliances with industry leaders in insurance and investments, we are able to offer our clients a broad range of products and services, which meet the highest standards for performance, stability and value. We are also able to serve a broad base of individual and corporate clients throughout the province.

Click here to learn more about how Selectpath can put you on The RIGHT Path®.

Please remember that while strategies outlined within this newsletter may be appropriate for some investors, you should always consult a financial advisor to determine if they are appropriate for you.

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