How to go about securing the best Retirement Plan in Canada.
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How to stay the course with your retirement plan during market volatility + MORE Apr 11th
Three days of wild market volatility sparked by U.S. tariffs is enough to cause any investor stress, but for those in retirement, the plunge can be extra difficult.
Markets have taken a nosedive after U.S. President Donald Trump’s announcement of sweeping global tariffs last Wednesday (April .... More »
Should I draw down my RRIF to avoid estate taxes? + MORE Apr 25th
Ask MoneySense
Is it a good idea to withdraw more money monthly than one needs from one’s RRIF? What about beginning a regularly automated transfer of this extra money to one’s non-registered investments so that there is less money in the RRIF account upon death? As a result, the estate will be .... More »
How to deal with your finances when the economy is stressing you out + MORE Mar 7th
Who would have thought that just a few month ago, all we had to “worry” about was the ongoing pandemic, high interest and inflation rates, and high grocery and housing costs. We’re three months into 2025 and so far we’ve had tariffs on Canadian goods threatened in February, then actual tarif.... More »
How to make sure you have enough money to fund your RRIF withdrawals + MORE Apr 18th
After decades of using registered retirement savings plans (RRSPs) to reduce taxable income, it can come as a shock to discover the shoe will one day be on the other foot. At the end of the year you turn 71, you have to either cash out your RRSP (not recommended), annuitize it or convert it into a R.... More »
Bell Canada’s first quarter results for 2025 + MORE May 9th
BCE Inc. cut its quarterly dividend payment to shareholders and announced a partnership deal with the Public Sector Pension Investment Board to help accelerate the development of fibre infrastructure in the U.S. BCE chief executive Mirko Bibic said Thursday the dividend cut comes as the company face.... More »
Are you missing out on RRSP matching and more?
– moneysense.ca
A registered retirement savings plan (RRSP) is a powerful retirement savings tool, yet many Canadians aren’t getting its full benefits. A lot of us are also missing out on RRSP matching and other incentives—essentially, free money—that could go a long way to funding a more comfortable retirement. That’s what finance professionals call “leaving money on the table.”
One such bonus, available for a limited time, is Wealthsimple’s biggest-ever RRSP matching offer. Through the “Big Winter Bundle Promotion,” new and existing customers receive a 2% match on qualifying RRSP transfers of at least $15,000. Plus, just in time for your next snow day, you can earn up to five Canadian Lift Passes, valid on more than 50 mountains across the country.
Not grabbing RRSP promotions like these would be leaving money on the table, much like:
Not returning your empties to the beer store to get your deposit back.
Forgetting to use that gift card your sister gave you for your birthday…
