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Custom insurance plans and investment strategies for farmers and health care providers.

Prairie Schooner Wealth Connections

Farmers

The largest obstacle is transitioning the farm enterprise to the next generation, or getting out of the farm business efficiently. I learned these lessons personally when I wasn’t able to take over my grandfather’s farm in the early nineties, and more recently, when my wife and I just couldn’t pencil out a deal to take over my in-laws’ farm. These events have led me to specialize in helping farmers with their succession plans, whether transitioning the farm to the next generation, or transitioning to retired life after the sale of the farm.

Health Care Providers

I am keenly aware of the stress levels involved with being a health care provider.  I have found that many health care providers are so busy serving others at work and at home that they don’t leave enough time to take care of themselves in a number of different areas in life.

Quite often, financial wellbeing is at the bottom of the “to-do list” and they believe that their pension and benefits through work will provide enough for the lifestyle they desire when they retire.

Mature Farmers

Helping achieve your financial goals through financial planning

Mid Generation Farmers

We provide strategies to help families to accumulate and protect your wealth.

Youngest Generation Farmers

Helping you save for retirement, your children’s education and providing mortgage solutions.

Health Care Providers

I am keenly aware of the stress levels involved with being a health care provider.  I have found that many nurses are so busy serving others at work and at home that they don’t leave enough time to take care of themselves in a number of different areas in life.

Quite often, financial wellbeing is at the bottom of the “to-do list” and they believe that their pension and benefits through work will provide enough for the lifestyle they desire when they retire.

Latest News

Manitoba 2023 Budget Highlights

On March 7, 2023, Manitoba’s Minister of Finance delivered the province’s 2023 budget, focusing on these areas: • Investing in stronger communities. • Expanding healthcare coverage. • Providing infrastructure support. Budget 2023 includes no personal or corporate tax rate changes, but some temporary corporate tax credits have been made permanent. In addition, Manitoba’s basic personal amount has increased to $15,000, and two tax bracket thresholds will also be increasing.
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Essential tips and tricks for paying less tax and keeping more of your retirement income

It’s important to make the most of your retirement income. To do so, you need to be aware of what income is and isn’t taxable, and also how to make the most of the tax breaks you’re entitled to. This article outlines the four main steps you need to take to ensure you keep as much of your retirement income as possible: 1. Make a financial plan. 2. Split your pension income. 3. Buy an annuity. 4. Be aware of retirement-related tax breaks.
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TFSA versus RRSP – What you need to know to make the most of them in 2023

When looking to save money in a tax-efficient manner, Tax-Free Savings Accounts (TFSA) and Registered Retirement Savings Plans (RRSP) can offer significant tax benefits. The main difference between the two is that TFSAs are ideal for short-term goals, such as saving for a down payment on a house or a vacation, as its growth is entirely tax-free, while RRSPs are more suitable for long-term goals such as retirement. When comparing deposit differences, TFSAs have a limit of $6,500 for the current year, while RRSPs have a limit of 18% of your pre-tax income from the previous year, with a maximum limit of $30,780. In terms of withdrawals, TFSAs have no conversion requirements and withdrawals are tax-free, while RRSPs must be converted to a Registered Retirement Income Fund (RRIF) at age 71 and withdrawals are taxed as income.
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Happy Clients

We have been farming for many years. Trevor brings a farming background to the table. It is refreshing that he understands what a farmer goes through each year. When we deal with the bank, they do not fully understand what keeps us up at night, but Trevor can. He knows that there are times of the year that we are very flush and other times not so much.

We have always liked the low pressure approach the Trevor has taken in presenting investments to us. We have felt that we could take the time to understand the investment fully prior to moving forward.

He has helped us plan for our exit in farming by planning today for income in retirement.

Trevor is a very confident yet downhome man that we would highly recommend to our neighboring farmers I know that he is very determined to do what is right and always stays in touch with us.

We highly recommend Trevor. He will not steer you wrong.

I have personally been dealing with Trevor Tuttosi for three plus years.

I can very honestly say I feel 100% comfortable dealing with him. His no pressure personality is by far his biggest asset. I have never once felt pressured to invest in an option I was not completely comfortable with.

Trevor handles himself professionally yet on a very personable level creating comfort in being able to ask him questions which I may feel intimidated to ask others.

Trevor usually has the answers to my inquiries and when he doesn’t he is quick to do his research in order to provide a timely and accurate response.

In a nutshell I find Trevor Tuttosi to be very knowledgeable with the ability to clearly explain various financial situations, products, etc, personable, prompt, caring as well as easy and comfortable to work with.