Ask a Planner by CFP Jason Heath - MoneySense

Retirement

Disability, income splitting and tax reduction

Rob’s wife is unable to work due to a chronic illness. He’s trying to plan for tax reduction in retirement on their registered accounts.

Retirement

Why it’s still worth it for high-income seniors to apply for OAS

Eileen is worried about the adverse impact on her taxes if she applies for OAS, and wonders if she should still apply.

Retirement

The limits of Old Age Security survivor benefits

Lillian lost her husband and wants to know what happens to his Old Age Security pension.

Retirement

What’s the best time to transfer a TFSA between institutions?

Sandie wants to get the timing of her TFSA transfer right

Retirement

The downside of naming children as RRIF beneficiaries

Kerry is doing some estate planning with his RRIF and wants to make sure it goes to his wife and kids in the best possible manner.

Retirement

Can you transfer your full pension into an RRSP?

Margaret wants to know how to avoid losing some of her pension if she transfers it into an RRSP at retirement.

Retirement

RRIFs and income splitting in the year of death

Gloria’s husband died recently. She’s looking for clarification on what happens with his RRIF and if and how she can split income with him in his year of death.

RESPs

RESPs and Canadian non-residency

Cara and her family are becoming non-residents of Canada. They want to know what this means for their RESP account.

Real Estate

canadian loonie

Selling your home to your kids—for $1

You need to consider if the savings for your child are worth the risk to you

Retirement

calculator

Bleeding your RRSP dry to save on tax when you’re dead

Chris is retiring and living on CPP, OAS and her RRSP. She wonders if she should take more than the minimum withdrawal from her RRSP to save tax on her death.