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RRIFs

A woman approaching early retirement, smiling at her options.

Retirement

How to draw money out of your corporation in retirement

When you have money saved in a corporation, retirement planning can be a little more complicated. But it can...

How to draw money out of your corporation in retirement

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How much should you withdraw from your RRIF?

Sandy wants to deplete a registered retirement income fund by age 90 and wonders how much to take out...

How much should you withdraw from your RRIF?
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A guide to spousal RRSPs for married and common-law partners

There are benefits, but also potential pitfalls, to beware of when considering contributions to your spouse or partner’s registered...

A guide to spousal RRSPs for married and common-law partners
retired couple looking lovingly at each other

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Maximizing spousal RRSP contributions in your 70s

Don wants to know exactly when is the cutoff for contributions in his wife’s case, and when to convert...

Maximizing spousal RRSP contributions in your 70s

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Should you always split your pension income?

Narayan wants to know the best ways to save income tax, given the disparity between his income and his...

Should you always split your pension income?

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What to consider if you still have RRSP contribution room

With just weeks left before the contribution deadline, a Certified Financial Planner rounds up key facts and common RRSP...

What to consider if you still have RRSP contribution room

Retirement

How to make the most of your TFSAs in retirement

It’s generally better to contribute to a tax-free savings account than an RRSP as you approach your post-employment years....

How to make the most of your TFSAs in retirement

Retirement

Should retirees reduce RRIF payments during COVID-19?

In March, the federal government gave RRIF owners the option of withdrawing 25% less than the mandated annual minimums...

Should retirees reduce RRIF payments during COVID-19?

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Is Carol better off withdrawing all the money from her RRIF now?

At age 73, she believes this strategy will allow her to claim additional Guaranteed Income Supplement and and rent...

Is Carol better off withdrawing all the money from her RRIF now?

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