Jason Heath

Understanding your company pension plan

Online only, 06/11/2019 / Comments (0)

While the specifics can vary quite widely from plan to plan, a good place to start is with the basic differences between “defined benefit” and “defined contribution.”

“Should I sell off some investments to avoid OAS clawbacks?”

Online only, 29/10/2019 / Comments (0)

Cam is already feeling heavily taxed in retirement and wonders if he should get rid of his dividend-paying investments to avoid losing Old Age Security benefits.

“Who’ll pay for the cottage if I die?”

Online only, 16/10/2019 / Comments (0)

Having a mortgage doesn’t necessarily mean you need life insurance coverage equal to the amount you owe on it.

What is a pension bridge benefit and how does it work?

Online only, 09/10/2019 / Comments (0)

With retirement a couple years away, Kevin is considering his options. Forgoing the bridge benefit may help him enjoy his pension payments for longer.

What the federal parties’ 2019 campaign platforms mean for your money

Online only, 02/10/2019 / Comments (0)

With the election approaching, we asked a financial planner to break down the issues that will hit your wallet.

What investors need to know about changes to TD e-series Funds

Online only, 24/09/2019 / Comments (0)

TD e-Series Funds have been staples for passive index-fund investors and Canadian Couch Potato enthusiasts for two decades. Here’s a roundup of recent changes to the funds, and what that may mean for you.

“Will selling my house help me retire sooner—and more securely?”

Online only, 18/09/2019 / Comments (0)

Karen divorced at 55 and worries about carrying mortgage debt when she retires. At the same time, she thinks rent may cost more than she pays now. A comparison of the two scenarios will help her decide.

Should you take out a loan to pay for your wedding?

Online only, 04/09/2019 / Comments (0)

Saving up for the big day could be easier than you think.

Can you make a transfer from an RESP to a spouse’s RRSP?

Online only, 27/08/2019 / Comments (0)

Ralph has unused savings in a registered education savings plan, and wonders if he can move the taxable portion to his wife’s retirement plan.

What are the tax implications of donating land?

Online only, 20/08/2019 / Comments (0)

Donating, rather than selling, could be a way to put money back in your pocket in the form of a tax refund, while benefitting a charity and the environment.

What is wealth insurance?

Online only, 15/08/2019 / Comments (0)

Charles wants to know if he should consider buying wealth insurance in order to maximize the after-tax value of his estate. The short answer is: It depends.

Gifting real estate to your adult children

Online only, 09/08/2019 / Comments (0)

Consider the impact of potential capital gains tax, what might happen to the property if your child gets divorced or dies, and whether there’s a chance you’ll need that asset in the future.

“Should I loan investments or money to my spouse?”

Online only, 30/07/2019 / Comments (0)

The idea is to split income, following Canada Revenue Agency guidelines, so the family pays less tax overall.

Should you opt in to a group RRSP?

Online only, 24/07/2019 / Comments (0)

If your employer offers a matching contribution, you get an automatic return on investment that would be tough to beat anywhere else.

Should partners combine their finances before marriage?

Online only, 18/07/2019 / Comments (0)

Mathew wants to help his girlfriend kickstart an investing plan. Is gifting money for her TFSA a good idea?