Should you use the RRSP Home Buyers’ Plan on a mixed-use property?
You can withdraw from your RRSP to purchase a mixed-use property through the HBP. However, transferring funds to a...
RRSPs
How to claim a child’s income below the basic personal amount
Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions....
4 strategies for income splitting with a lower-income spouse
If one spouse does not work, is it beneficial for the other to invest and buy stocks in their...
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What do to with a spousal RRSP at age 71
Converting the account to a spousal RRIF is a common option, but be aware of the income attribution rules.
Are your deposits at Canadian financial institutions safe?
The failure of Silicon Valley Bank has highlighted risks in the U.S. banking system. Should Canadians with large deposits...
Financial planning in your 70s
Be mindful of these money concerns, even after retirement.
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What to do with U.S. dollar RRSPs in retirement
If you already have a Canadian dollar RRIF, should you roll the U.S. dollar RRSP into the RRIF, or...