“We’re well off in retirement. How can we pay less tax?”
A financial planner explains some tax-saving strategies that Canadian retirees may not have thought of.
RRIFs
How is investment income taxed in Canada?
A MoneySense reader wants input on the tax implications of her investment withdrawals, but she can’t get a straight...
RRIF and LIF withdrawal rates: Everything you need to know
Most registered retirement savings plans are eventually converted to registered retirement income funds. Here’s what to know about RRIF...
Retirement planning advice for people who don’t use an advisor
Retirement Club for Canadians offers a sounding board and resources for people who manage retirement finance all on their...
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Should we draw down my spouse’s RRIF faster?
The benefits of depleting savings to avoid estate taxes depends on many variables. But if you live a decade...
How to allocate a RRIF for secure income in retirement
Should you hold equities? Fixed income? An annuity? Or all three? Financial advisors debate the options in today’s “tariffied”...
Should I draw down my RRIF to avoid estate taxes?
Yes, your estate will pay a high rate of tax on your RRIF when you die. But it usually...
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Can you make RRSP contributions after age 71?
Here’s why you might see an RRSP deduction limit on your notice of assessment, even when you’ve already converted...