RRSP Contributions - Friend or Foe?
It seems almost sacrosanct to question the benefits of making an RRSP contribution these days, but is it always the right thing to do, even if you can?
Investing Information, News & Updates
Displaying posts in RRIF
Can I unlock my locked-in RRSP (LIRA)?
Ideally you will leave your locked-in RRSP (LIRA) untouched until retirement, but what if you require the funds now?
New RRIF withdrawal minimums – why did they change?
Clients receiving annual RRIF payments recently had to adjust to new government changes regarding minimum withdrawals.
RESP withdrawal rules if your child does not attend post-secondary school
Collapsing an RESP – or withdrawing funds when your child does not attend post-secondary school – has significant penalties. So, are there other strategies to avoid paying the collapse penalty tax?
What is the difference between a registered account and an unregistered account?
There are a number of differences between registered and unregistered investment accounts, but the main differences mostly revolved around tax.