Sep 29, 2019
Pension Tax Credit
Let’s look at what the federal pension tax credit is all about. What kind of tax rate applies?
The government allows you to claim a federal non-refundable tax credit up to 15% of the first $2,000 of pension income.
Sep 26, 2019
RRSP Withholding Tax
Are you drawing on your RRSP or perhaps, you're drawing on your RRIF and you have no idea how the withholding tax works?
The RRSP withholding tax to me is a very critical part that people just don't understand.
Withdraw from RRSP
First, let's start with your RRSP. You have been saving,...
Sep 23, 2019
RRSP vs RRIF
RRSPs versus RRIFs. Most folks don’t know what the acronyms mean. RRSP is registered retirement savings plan and RRIF is registered retirement income fund.
Should you convert your RRSP to a RRIF? If so, when should you do it?
It's not an easy decision folks. I know first-hand people are confused. There's...
Sep 19, 2019
How do Mutual Funds Work?
There are a lot of different fees and misconception out there today around this topic, so hopefully we can educate you a bit and uncover the truth about mutual funds.
If this is something that's top of mind for you, and you're wondering whether you should have mutual funds or not in...
Sep 16, 2019
TFSA Investment Options
TFSA qualified investments
Many people have paid a lot of fines because they didn't follow the rules with respect to what is a qualified investment and we're going to cover what you can and can't put in your TFSA.
If this is something that's on top of mind for you and you're wondering what you...