Retirement Planning

THE BEST TIME TO START YOUR OLD-AGE SECURITY PENSION

  The Best Time to Start Your Old-Age Security Pension

Comments Off on THE BEST TIME TO START YOUR OLD-AGE SECURITY PENSION   |   Posted in Latest News,Retirement Planning,Retiring Allowances March 27, 2020

HOW TO TRULY CREDITOR PROOF YOUR RETIREMENT SAVINGS

 

Comments Off on HOW TO TRULY CREDITOR PROOF YOUR RETIREMENT SAVINGS   |   Posted in Latest News,Retirement Planning,Retiring Allowances December 05, 2019

HOW TO MAKE THE INVESTMENT MANAGEMENT FEES ON YOUR RETIREMENT SAVINGS TAX DEDUCTIBLE

 

Comments Off on HOW TO MAKE THE INVESTMENT MANAGEMENT FEES ON YOUR RETIREMENT SAVINGS TAX DEDUCTIBLE   |   Posted in Investments,Latest News,Retirement Planning October 02, 2019

THE TICKING TIME BOMB OF TAXES

Watch my video on the Ticking Time Bomb of Taxes That Can Erode Your Retirement Savings at Death.  

Comments Off on THE TICKING TIME BOMB OF TAXES   |   Posted in Estate Planning,Latest News,Retirement Planning,RRSP,Tax Planning March 13, 2019

HOW TO MAKE MORE TAX DEDUCTIBLE CONTRIBUTIONS

  How to Make More Tax Deductible Contributions to Your Retirement Savings than the Maximum Allowable RRSP Contribution Room”

Comments Off on HOW TO MAKE MORE TAX DEDUCTIBLE CONTRIBUTIONS   |   Posted in Financial Planning for Business Owners,Latest News,Retirement Planning August 20, 2018

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

RRSP CONTRIBUTION LIMIT AND DEADLINE FOR 2016

  The RRSP contribution limit for 2016 is 18% of your 2015 income or $25,370, whichever is less. If you are a member of a registered pension plan, then you need to deduct your pension adjustment (the amount on line 52 of your T4 slip) from ...

Comments Off on RRSP CONTRIBUTION LIMIT AND DEADLINE FOR 2016   |   Posted in Investments,Latest News,Retirement Planning,RRSP February 06, 2016

TFSA CONTRIBUTION ROOM IS DECREASED TO $5,500

 Under proposed legislation by the new Liberal government, starting January 1, 2016, the annual TFSA dollar limit for 2016 will decrease from $10,000 to $5,500 and will be subject to indexation. Tax Free Savings Accounts (TFSAs) were introduced by the federal government in 2009. Canadian residents ...

Comments Off on TFSA CONTRIBUTION ROOM IS DECREASED TO $5,500   |   Posted in Investments,Latest News,Retirement Planning,Tax Free Savings Accounts,Tax Planning January 27, 2016

TFSA CONTRIBUTION LIMIT HAS INCREASED

 One of the major changes introduced in the 2015 federal budget was the increase in the annual contribution limit for Tax Free Savings Accounts (TFSA) from $5,500 to $10,000, effective January 1, 2015. This new annual limit will apply to 2015 and all subsequent years ...

Comments Off on TFSA CONTRIBUTION LIMIT HAS INCREASED   |   Posted in Investments,Latest News,Retirement Planning,Tax Planning August 03, 2015

SNOWBIRDS SHOULD PROTECT THEMSELVES AGAINST THESE RISKS

  SNOWBIRDS SHOULD PROTECT THEMSELVES AGAINST THESE RISKS If you are a Canadian retiree who spends significant portions of the year vacationing south of the ...

Comments Off on SNOWBIRDS SHOULD PROTECT THEMSELVES AGAINST THESE RISKS   |   Posted in Estate Planning,Latest News,Retirement Planning,Tax Planning April 30, 2015