Ask MoneySense Archives - Page 8 of 113

There is no avoiding risk. Even a high-interest savings account could lose its purchasing power. So, what’s the safest...

Seniors with large retirement accounts face a big tax-deferred liability. Which tax and estate planning strategies might help?

Investment income is subject to tax in Canada, including in some tax-sheltered accounts. Find out more about how passive...

Should you open a margin account with your broker, or opt for an RRSP loan? Read about the potential...

A person who moves to Canada in middle age won’t be entitled to the maximum Old Age Security pension....

Many automakers have had problems with faulty continuously variable transmissions (CVTs). Here’s what to do if your car has...

Can an RRSP be used to reduce the mortgage on a current home, or to help with the purchase...

Find out how you can reduce the tax payable on a severance payment, and what happens when receiving a...

Does it make sense to put some extra cash into an RRSP or use it to help pay off...