Jason Heath

“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?

Should you use your RRSP to fund a later-in-life university degree?

Online only, 11/07/2019 / Comments (0)

At 58, Agatha plans to pursue a master’s degree. Should she use tap into her retirement savings to fund her education?

Moving to the U.S.? Here’s what to do with your Canadian investments

Online only, 26/06/2019 / Comments (0)

Set to start a new job south of the border, Justin will need to consider that registered and non-registered accounts are treated differently.

The bank of grandma and grandpa

Online only, 12/06/2019 / Comments (0)

Sol wants to contribute to his grandkids’ future with annual gifts he’ll start now. What’s the best way to manage the money outside of RESPs?

“Will my hard-working teen have to pay tax on withdrawals from our family RESP?”

Online only, 05/06/2019 / Comments (0)

Scott is wondering how to split Registered Education Savings Plan funds between his children to minimize the tax payable on withdrawals.

What to do with a monetary advance on your inheritance

Online only, 28/05/2019 / Comments (0)

Maureen’s husband wants to put a $200,000 gift from her parents toward their mortgage, but she isn’t convinced.

Can Canadian seniors collect government benefits while still working?

Online only, 21/05/2019 / Comments (0)

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