Here are year-end tax planning tips for clients’ registered accounts, focusing on the impending deadline of Dec. 31.
Retiring with a mortgage is no longer an anomaly. As a result, advisors are recognizing that a well-structured financial plan ...
Q: Last year, I contrib­ut­ed to my Registered Retirement Savings Plan (RRSP). I did not claim the deduction, as I did not have taxable income. That year I withdrew the same amount (less taxes). To my ...
The RRSP contribution limit has risen to $33,810 for 2026, up from $32,490 in 2025. This increase is determined as 18% of your previous year’s income, subject to a maximum cap, along with any unused ...
The new year brings some notable increases in savings and pension plan limits from the Canada Revenue Agency (CRA) - and a ...
If one of the spouses has a larger 401 (k), once it’s rolled over, that income is taxed in the higher-income spouse’s tax ...
Here are what some smart Canadians are buying this December! The post RRSP & TFSA Power Plays: What Smart Canadians Are ...
Understand the FHSA and its role in home savings. Make the most of tax benefits while saving for your first house. The post ...
A Registered Retirement Savings Plan (RRSP) can be a powerful financial tool for building retirement savings and enjoying tax benefits along the way. An RRSP can contain a variety of investments, ...