RRIFs Archives - MoneySense

Retirement

Can Canadian seniors collect government benefits while still working?

Taxes

Tax implications of making transfers between registered accounts

Retirement

An easy guide to income splitting for seniors

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

Retirement

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

Taxes

Calculating taxes on an inherited RRIF

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 the tax owing.

Pensions

What’s better, a LIRA or an enhanced pension?

by Special to MoneySense

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 better off in a regular RRSP.

Retirement

Getting the most out of retirement income planning with an older spouse

Ellen is curious how pension income splitting works when there is a big age difference between spouses. There are several considerations.

Retirement

Are annuities, bonds or GICs best for an 80-year-old’s money?

by Special to MoneySense

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.