RRSP

Investment Income and Income Tax

Investments can deliver a major source of income and tax implications for individuals. Each major type of investment income is subject to different tax treatment. ...
Continue Reading →

Tips on Retirement Savings Plan

A retirement savings plan is a way of protecting your post-retirement financial lifestyle.  However, in recent times, recessions, stock-market declines, housing market bubbles, joblessness, and ...
Continue Reading →

5 Ways to Avoid Capital Gains Tax

Capital Gains tax occurs when you sell capital property for more than you paid for it. In Canada, you are only taxed on 50% of ...
Continue Reading →

Converting an RRSP to a RRIF 2021

If you are nearing retirement, you may be starting to think about creating retirement income for yourself from your RRSPs.  Registered Retirement Savings Plans (RRSPs) ...
Continue Reading →

What to Consider When Drawing Down Your RRSP

If you have been a good saver and contributed religiously to your RRSP, you should be rewarded with a sizeable six or seven figure RRSP ...
Continue Reading →

TFSA or RRSP? Take your pick 2021 Update

Whether you should invest in a Tax Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP) is a question that affects almost every ...
Continue Reading →

Essential Tax Numbers for 2019, 2020 and 2021

With a new year comes new tax numbers! Below is a quick reference of important tax numbers for three years, including 2021. CRA has utilized ...
Continue Reading →

The Saving Versus Mortgage Dilemma: How to Best Utilize

Investors often are conflicted on what to do with surplus cash. Your options for available cash usually fall into three categories:  spending it, investing it, ...
Continue Reading →

Creating and Maintaining an Estate Plan

While uncomfortable to think about, effectively planning ahead for when you are no longer here can save your loved ones a great deal of time, ...
Continue Reading →

6 Tips for More Successful Investing

There is no one and done way to invest, but there are a few tried and true principles that have served investors well over the ...
Continue Reading →

Recent Posts

Categories