All about Retirement Planning in Canada. Learn the ins and outs and get the latest news. An easy guide to income splitting for seniors – moneysense.ca Q. My husband and I are both retired. He still has income from his business, and I have cashed in all of my RRSPs but one. My question is: […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. The ins and outs of tax and estate planning for a RRIF – moneysense.ca Q: I’m 81, single, female, with around $265,000 in a RRIF (invested in two different financial institutions, both mutual funds). My withdrawal is […]
Not sure how to make a retirement plan? Read on… Why the $35,000 RRSP Home Buyers’ Plan won’t be much help – moneysense.ca It’s been about a week since federal budget day and I still have questions about some of the things the government announced. For instance, why did they introduce a deferred annuity, which […]
All about Retirement Planning in Canada. Learn the ins and outs and get the latest news. Budget 2019: Higher RRSP home buyer withdrawal limits, but no help on housing supply – moneysense.ca On the eve of a federal election this fall, the Liberal government is looking to help more Canadians buy their first homes by […]
All about Retirement Planning in Canada. Learn the ins and outs and get the latest news. After inheriting a RRIF account, how to know what you owe the taxman – moneysense.ca Q: I’m wondering if there is a simple way to calculate the tax liability to named RRIF beneficiaries upon death of the account holder? […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. How non-residents are taxed on dividends and other forms of income – moneysense.ca Q. I have been retired and living in the Philippines since 2009. I file my taxes as a non-resident of Canada. I have an RRSP, […]
Retirement planning getting you down? There are always smart ways to plan the financial aspects of your retirement. An RRSP loan can turbocharge your portfolio – moneysense.ca Every handyman knows you can’t tighten a nut without using a wrench. It takes a little leverage to get the job done. Leverage can work for you when […]
There are plenty of retirement plan options in Canada! Stay on top of the best plans right here. The challenge of estate planning with blended families – moneysense.ca Q. My husband and I are senior citizens, have both been married before, and each has adult children from a previous marriage. We each have investments we accumulated […]
Not sure how to make a retirement plan? Read on… What it takes to retire at 45 – moneysense.ca Q: I’m 27 years old with a relatively healthy income of around $125,000. I’m aiming to get on the early retirement track with any luck and retire around the age of 45. I’ve been aggressively in […]
All about Retirement Planning in Canada. Learn the ins and outs and get the latest news. How to calculate capital gains tax for an employee share purchase plan – moneysense.ca Q: I have a large Employee Share Purchase Plan that I have participated in for a number of years. In this plan, for every share […]