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...
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What’s the best way to help a relative, financially?
At 30, David’s nephew is living on close to minimum wage, with no retirement savings. An RRSP isn’t the...
What hosts need to know about serving alcohol at a house party
Pete wants to know whether he is legally responsible if a guest gets drunk at his house party and...
Can you use a line of credit as a “forced” savings plan?
Chris finds there isn’t a reliable amount of cash available for saving at the end of every pay cycle,...
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Good news: Your RRSP is probably in better shape than you think
In his new book, MoneySense contributor David Aston says a “basic” retirement at age 65 can be achieved with...
Claiming income on a co-owned rental property
Marie, who owns two rental properties with her spouse, noticed that their tax preparer didn't allocate the income 50/50....
Planning for an inheritance
Nearly half of Canadians expect to receive an inheritance. But while it’s important to consider those potential funds in...
What happened to my job bonus this year?
Can a company simply stop giving employees a customary year-end bonus—and is there any recourse for the employees?
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How should a 24-year-old invest now to minimize taxes in the future?
Abe contributes the maximum to his TFSA and is ready to take the next step—but he wonders if an...