Etiket: RRSP
HBP on your RRSP, capital gains tax: see how Canada’s 2024 budget affects you
An increase in capital gains tax, a raft of measures for housing and an increase in excise duty on tobacco…. See what changes for you in the federal government’s budget…
HBP on your RRSP, capital gains tax: see how Canada’s 2024 budget affects you
An increase in capital gains tax, a raft of measures for housing and an increase in excise duty on tobacco…. See what changes for you in the federal government’s budget…
Only one week left to contribute to your RRSP
The countdown to tax season is on. There is only one week left to contribute to your registered retirement savings plan (RRSP), and two months to file your income tax…
Choosing between RRSP and RRIF in retirement
At this time of year when there is always a lot of ink being written about the tax efficiency of contributions to RRSPs (registered retirement savings plans) for working individuals,…
RRSP | For better and for worse
The spousal registered retirement savings plan (RRSP) has its share of advantages for splitting a spouse’s income and reducing the couple’s tax bill. But what happens to these savings in…
RRSP | Four numbers about the RRSP
You think you know everything about the registered retirement savings plan (RRSP)… But do you know how long it has existed? How much do Canadians put into their RRSPs each…
RRSP | Not just an old man’s thing!
When we think of RRSP, we think of retirement. And for young people, retirement can still be far away. However, 18-30 year olds who invest in an RRSP can benefit…
RRSP | A paid tool for employees and employers
Implementing a group RRSP in an SME pays off for the employees, whose savings are made easier, but also for the SME itself, which equips itself with an effective tool…
RRSP | Did you say self-directed RRSP?
Since the pandemic, it is less and less rare to see people take care of their investments themselves, but what about registered retirement savings plans (RRSP)? How and why have…
RRSP | Keep a cool head, through thick and thin
The year 2023 has not been easy for savers, particularly with inflation and rising interest rates. What do you do with your registered retirement savings plan (RRSP) in these circumstances?…
RRSP | Late discovery, but beautiful vintage
Until his mid-forties, apple and cider grower Michel Jodoin did not see the need to contribute to a registered retirement savings plan (RRSP). Now semi-retired, he has just started to…
RRSP | Make piastres with pennies
Inflation is high, and so are interest rates. As a result, budgets are tight and savings are limited. Is it worth saving in a registered retirement savings plan (RRSP) even…
CELIAPP or RRSP by February 29?
This week, Laurence writes to us to ask us a question that many are also asking these days. “I am 28 years old and I am currently a tenant. Since…
What to do if you overcontribute to your RRSP?
Every year, taxpayers get caught and contribute to their RRSP beyond the limit allowed. Here’s what you should do if this happens. Sometimes we lose track of our RRSP contributions.…
Interesting, the RRSP loan with current rates?
This week, Enrique writes to us: “I am 45 years old, little debt, except my car loan and my mortgage. With the increase in the cost of living, I ended…
Lifestyle | Retirement: did I take too much RRSP?
Believing that he would have lower income in retirement, a reader put his savings into RRSPs. Now 71, he believes he’s taken on too much. Posted at 1:54 a.m. Updated…
[Vidéo] RRSP, TFSA, TFSAPP: the answers to five of your savings questions
It’s almost income tax season, when many are diving back into their personal finances. For the occasion, The duty has selected five of your questions to better understand savings. Discover…
RRSP | When love is gone…
A few days before Valentine’s Day, we probably don’t have the mind to discuss the division of RRSPs in the event of separation. But it is about doing the exercise…
[Chronique de Sandy Lachapelle] Should I pay off my mortgage or contribute to my RRSP?
According to my professional entourage, more and more people are wondering whether it is better to pay off their mortgage or contribute to their RRSP. To a fellow financial planner…
RRSP | Four Strategies to Keep Saving Despite Inflation
Has the strong inflation of recent months prompted you to reduce your annual RRSP contribution? Think twice before acting. The following strategies may allow you to continue saving for your…