Some clients who turned 71 this year and are still working might consider overcontributing to their RRSP before the end of this month. While they’ll be hit with a penalty on the overcontribution, they ...
As of January first, adults in Canada can add another $7,000 in contribution space to their tax free savings accounts (TFSAs) ...
You can’t avoid taxes but investors can keep more tax dollars compounding in investments with a good tax strategy for 2026 ...
Many Canadians are reviewing year-end tax planning strategies to determine which ones might best apply to their situations.
Q: Last year, I contrib­ut­ed to my Registered Retirement Savings Plan (RRSP). I did not claim the deduction, as I did not have taxable income. That year I withdrew the same amount (less taxes). To my ...
Here are year-end tax planning tips for clients’ registered accounts, focusing on the impending deadline of Dec. 31.
The RRSP contribution deadline for the 2025 tax year arrives on March 2, 2026, leaving Canadians a narrow window to reduce ...
After dipping, these two Canadian dividend stocks could be great additions to RRSPs for long-term growth. The post RRSP Wealth: 2 Great Canadian Dividend Stocks to Buy in December appeared first on ...
Most financial advisors suggest that investors have three to five times their annual salaries saved by age 40. And with the ...
Let's dive into an assessment of where Canadians stand, on average, in their pursuit of growing their wealth for retirement.