
How Do Spousal RRSPs Work?
Spousal RRSPs are a great savings tool that allows couples to even out their retirement savings and save tax dollars when they need it most – in retirement.
Spousal RRSPs are a great savings tool that allows couples to even out their retirement savings and save tax dollars when they need it most – in retirement.
While admirable, pausing a career to raise a child comes with cascading effects, some of which can last throughout your lifetime. The Child Rearing Provision helps you avoid consequences to your CPP payout.
For high income earners, RRSPs can feel a bit like, well, squeezing into your favourite jeans from twenty years ago. They may still fit, but they’re definitely not comfortable anymore. The good news is there's a more comfortable way.
One of the sure signs of tax season, as a financial advisor, are the questions about tax-sheltered investments. One of the biggest we get asked is should I invest in a TFSA or an RRSP?
Whether you agree with the cliche, ‘cash flow is king’ or not, all of us, employees, business owners and retirees, it’s vitally important to keep your cash flow in check. To help you keep your money moving in the right direction, we’ll explore the concept of ‘cash flow’ and give you some tips on how to adjust both ends of the faucet.
For most of our lives, our plan for retirement revolves around saving and investing. We make plans with our financial advisors and keep them up-to-date to ensure we are able to pay our own way through retirement. But then we turn 60 and a surprise big decision hits: When should I start collecting CPP and OAS? We can help.