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...
RRIFs
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...
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.
What happens to a RRIF when the account owner dies?
Find out if a RRIF goes to the beneficiaries or spouse when the holder of this registered account passes...
Advertisement
How to consolidate your registered accounts for retirement income in Canada
Do Canadians need to consolidate RRSP accounts before converting to RRIFs? Find out this and more.
Which savings should retirees draw down first?
Seniors seeking a decumulation strategy may be asking the wrong questions. Start with your spending plan, then model how...
Should you hold gold in a RRIF?
Is gold a safe asset to invest your retirement savings? A Certified Financial Planner offers some perspective.
“We’re set for life. Should we cash out an RRSP?”
The cost/benefit analysis of liquidating an RRSP can get complex fast. What matters more are your priorities.
Advertisement
Can you delay a RRIF withdrawal?
Let’s set the facts straight about RRSP/RRIF conversion, withdrawal amounts, claw backs and withholding taxes.