Posts Tagged pension

RRSP FACTS AND DEADLINE FOR MAKING YOUR 2017 CONTRIBUTION

      The RRSP contribution limit for 2017 is 18% of your 2016 income or $26,010, whichever is less. The contribution limit for 2018 is $26,230. If you are a member of a registered pension plan, then you need to deduct your pension adjustment (the amount on ...

Comments Off on RRSP FACTS AND DEADLINE FOR MAKING YOUR 2017 CONTRIBUTION   |   Posted in Latest News,Retirement Planning,RRSP January 24, 2018

CPP Changes in 2011 and their Impact on your Retirement Planning

. Starting January 2011 the rules that apply to Canada Pension Plan (CPP) have changed. Since the CPP is a component of retirement income for all Canadians it is important that you are aware of the changes and consider them in your retirement ...

Comments Off on CPP Changes in 2011 and their Impact on your Retirement Planning   |   Posted in Financial Planning for Business Owners,Retirement Planning,Tax Planning,Uncategorized June 03, 2011

End Pension Discrimination for Business Owners with an RCA

If you are an executive working for a large Canadian company, most likely you have a generous pension plan that funds your retirement based on a formula that allows you to have an income equivalent to 70% of your final average earnings. If you are a ...

Comments Off on End Pension Discrimination for Business Owners with an RCA   |   Posted in Financial Planning for Business Owners,IPP,Retirement Planning,RRSP,Tax Planning March 07, 2010