Ask MoneySense Archives

The oft-cited RRIF meltdown tactic is a distraction. Concentrate instead on leaving a bigger legacy—or giving it away right...

There are still unique advantages to spousal RRSP accounts, even after the advent of pension splitting.

You may be surprised how much RRIF income increases your tax bill after age 71. Here are some ways...

A reader just wants an assessment of her and her husband’s finances. Turns out that’s the cornerstone of financial...

Could moving your RRIF into segregated funds lower estate taxes? Maybe—but higher fees and other trade-offs could leave your...

Scenario-based planning can help you build a financial plan by testing “what ifs” and turning uncertainty into informed, realistic...

It’s almost impossible to do, but the mindset around spending all your savings can help you make the best of the...

Retirement planning for couples with a significant age difference calls for realistic projections but also flexibility.

Short answer: Yes. But to take advantage of this amazing tax shelter, you need to understand the CRA’s rules...