Should Canadians keep their investment accounts when retiring abroad?
For Canadians who plan to retire to other countries, here’s a primer on the tax implications of leaving accounts...
What is the CPP enhancement?
Contributions to the Canada Pension Plan have gone up in 2024. Here’s why, and how much more you’ll pay...
Where should working retirees put extra income: A TFSA or an RRSP?
Working Canadian retirees may look at CPP and OAS as extra income. Is putting that money in a TFSA...
How does a TFSA work?
A tax-free savings account should really be called a tax-free investment account—because it allows you to hold not only savings,...
Inflation a scourge for retirees? Ottawa’s silver lining(s)
Inflation and taxes—both can affect retirement income. Thankfully CPP, OAS and GIS have inflation indexing. Here’s how it may...
Tax implications of making transfers between registered accounts
When transferring money from LIRA to a LIF and RRSP, would that result in being taxed twice?
The best way to save for retirement in your 20s
Financial experts often tell young people to start investing early to benefit from compound growth. But what if you...
How to avoid or reduce probate fees in Ontario
Read about the practical strategies to reduce or avoid probate fees in Ontario, and ensure a smoother transfer of...