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...
RESP withdrawals
Top 5 questions about family RESPs
If you have multiple kids or grandchildren, a family RESP can help you save for their college or university...
You opened an RESP—now what?
A registered education savings plan is the best way to save for a child’s education. Here’s how to use...
RESP vs. RRSP and TFSA: What’s the best option for education savings?
Families saving for a child’s post-secondary education have more options than ever. With TFSAs, RRSPs and other accounts, does...
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My three kids chose different educational paths. How do I withdraw RESP funds in a way that’s fair to them and avoids unnecessary taxes?
A Certified Financial Planner explains how RESP withdrawals and taxation can work for each of your children, regardless of...
What to do when you have insufficient or unused RESP funds
RESPs often fall short of funding a child’s full education, but sometimes an account holder ends up with unused...
Student Money: How to pay for school and have a life—a guide for students and parents
Going to school is expensive—but so are extracurriculars. This financial guide covers how to pay for school, for both...
Moving money from RRSPs, RRIFs and TFSAs in retirement
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution...
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Year-end tax and financial planning considerations
Some strategies are time-sensitive, while others can help you start the new year on the right foot.