The math is simple. Tax timing based on your financial situation and discipline will help you decide whether to save your money in a TFSA or an RRSP.
If your company offers a group pension plan with matching contributions and you’re not a member, you’re passing up free money.
RRIF minimum withdrawal rates were lowered last year. If you withdrew more than required, you have till the end of February to put it back and claim a tax deduction.
January 29, 2016
One of the most important things you need to determine when saving for retirement is how much money you will need to live on when you retire.
January 22, 2016
What happens when you’re ready to start spending your retirement savings? Here’s an overview of your income options.
January 12, 2016
How much can you contribute to an RRSP? What’s the difference between an RRSP and a TFSA? Get answers to these questions and more.
January 06, 2016
The government has rolled the TFSA annual contribution limit back to $5,500 for 2016. But you can still contribute up to $10,000 for 2015.
November 13, 2015
When deciding whether to save in an RRSP or a TFSA, the choice is basically to pay the tax now, or pay it later. But there’s more to consider.
August 28, 2015
Jittery world markets and a troubled economy can make for nervous investors. Maybe it’s time to touch base with your financial advisor to talk about your own savings and investments.
August 04, 2015
Looking for an investment option that can help you sleep at night? Segregated fund products can guarantee you’ll get back some or all of the money you invest.