When and how should I start drawing on my retirement savings?
There’s more than one way to optimize your income after retiring. Some strategies can boost wealth, and others may...
RRIF
How RRIF withdrawals work when you have multiple registered accounts
Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part...
Do retirees need life insurance?
A Certified Financial Planner looks at the different strategies to ask your own advisor: Is life insurance the answer?
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...
Advertisement
RBC’s discount broker launches international trading—what to know before you invest
It’s a first among bank-owned discount brokers in Canada. With more banks likely to follow RBC's lead, what should...
Year-end tax-saving tips for Canadians for 2024
Tax planning in Canada isn’t just for March and April. These smart tax moves need to be made before...
Should you take extra RRIF withdrawals to increase your estate?
Contrary to the conventional advice, taking more than the minimum RRIF withdrawal can at times save tax on your...
How to plan for taxes in retirement in Canada
In retirement, some income is not subject to withholding tax, and you may potentially owe tax after filing each...
Advertisement
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.