by import | Feb 12, 2013 | Blog, Retirement Planning, RRSP, TFSA
Lately, one question clients are asking me is whether they should contribute to a Tax Free Savings Account (TFSA) or a Registered Retirement Savings Plan (RRSP)? Personally, I really like the TFSA. however it doesn’t have to be an either or choice. Why not do both? ...
by import | Jan 15, 2013 | Blog, Retirement Planning, RRSP
Many of us set New Year’s resolutions for ourselves and often those resolutions have to do with finances. January is the month we say, “Ok, this year I am going to save more and spend less”. This article won’t tell you how to spend less, but it will outline two...
by import | Dec 19, 2012 | - RRIF, Blog, Investing, Life Stages, Retirement Planning, RRSP
Do you know someone with a Registered Savings Plan (RSP) and turning 71 – maybe your parents, brother or perhaps yourself? If you do, you should be aware of some decisions that have to be made to the Registered Savings Plan. The Income Tax Act says that you have...