Category Archives: Investing for Retirement
RRSP income splitting is a highly effective income tax and retirement saving strategy. Sometimes, a spousal RRSP is set up to better split income during retirement. Better split meaning improved tax treatment for each at retirement with
Annuities are contracts between the purchaser and an insurance company, under which the purchaser makes a lump-sum payment and the insurer agrees to make periodic payments beginning on a fixed date. The payment amount is determined using
RRSPs are a savings trust account that is registered with the Canada Revenue Agency as a vehicle to be used for securing some of the financial needs of retirement. No one is obligated to participate in a
Group RRSPs are simply a Registered Retirement Savings Plan where contributions are made on a regular basis by payroll or source deductions at a place of employment. The main difference from a self-directed RRSP and great advantage
Although we all plan with the best of intentions, lurking in the back of most Canadians minds is that nagging doubt: Will I outlive my resources?
Sit down with a financial planner and I can guarantee you that if you’re under the age of forty he will tell you how much you need to invest at what rate for how long to achieve