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Articles By Jason Heath, CFP:

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An easy guide to income splitting for seniors

Cindy and her husband are looking for strategies to help them save on taxes in retirement.

An easy guide to income splitting for seniors

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The ins and outs of tax and estate planning for a RRIF

81-year old Lydia wants to minimize tax and maximize the estate value of her RRIF on death

The ins and outs of tax and estate planning for a RRIF

RESPs

Can I have a multi-generational RESP?

If money is left over in your child's RESP you can in theory use it for your future grandkid's...

Can I have a multi-generational RESP?

Retirement

How to avoid a pension clawback from a one-time event

Mike wants to know what can be done to avoid a reduction in government pension income due to a...

How to avoid a pension clawback from a one-time event

Financial Planning

The best way to transfer investments to your spouse

Dean has investments that he wants to transfer to his spouse. There are tax implications depending upon how the...

The best way to transfer investments to your spouse
Calculating taxes on an inherited RRIF

Taxes

After inheriting a RRIF account, how to know what you owe the taxman

Randy’s wife is the beneficiary of her late mother’s RRIF, and she wants to avoid penalties and interest on...

After inheriting a RRIF account, how to know what you owe the taxman

Retirement

How does a LIRA work after a pension transfer?

Ted is confused about his investment options after leaving a DC pension, and whether his pension money would be...

How does a LIRA work after a pension transfer?

Retirement

What to do when banks give questionable financial advice to seniors

Mel can't get a straight answer from his bank about his investment fees and is looking for some input...

What to do when banks give questionable financial advice to seniors

Retirement

What it takes to retire at 45

Konstantino is 27 and hopes to retire by 45. He wants to know how that impacts his RRSP versus...

What it takes to retire at 45