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RRIFs

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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

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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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How to avoid tax-payment nightmares when RRIF withdrawals start

The solution to minimizing any tax shocks? Mimic the "taxed at source" treatment most employees experience. Here's how.

How to avoid tax-payment nightmares when RRIF withdrawals start
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Maintaining your asset allocation while you draw down funds from a RRIF

If you plan on managing your own investments in retirement, here’s a simple way to rebalance your portfolio.

Maintaining your asset allocation while you draw down funds from a RRIF

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Can Canadian seniors collect government benefits while still working?

Rose is transitioning to semi-retirement at 65, and wonders about the tax and clawback implications of receiving CPP and...

Can Canadian seniors collect government benefits while still working?

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