Ask a Planner

Annuity vs. GIC: What makes sense for retiring?

Can you compare apples to apples with annuities and guaranteed investment certificates for retiring? Let’s find out.

Ask a Planner

Are home renovations tax deductible in Canada?

Doing home renovations? Find out if there are any tax incentives that Canadians are able to claim.

Ask a Planner

Financial hardship withdrawal exceptions and increasing income in retirement

Money in a LIRA or LIF is intended to last a lifetime, making it difficult to access more than...

Ask a Planner

Can you save on taxes by owning an investment account with your child?

Jointly owning an asset with a child comes with tax and estate implications. Here’s why it may not be...

Columns

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?

Investing

Should retirees pay off their mortgages with investments?

A bank advisor tells a just-retired Canadian that using investments to pay off a mortgage is not a good...

Mortgages

Contribute to RRSP or pay off mortgage?

Does it make sense to put some extra cash into an RRSP or use it to help pay off...

Ask a Planner

When your child moves into your rental property: Capital gains and how to claim principal residence exemption

When an adult child moves into their parents’ rental property, the family should be clear on a few things,...

Ask a Planner

Could a line of credit impact my mortgage application?

Presented By

National Bank of Canada