Time in the market or timing the market?
Tips on how to improve your credit score
What is a segregated fund?
For Canadians at or nearing retirement, the Canada/Quebec Pension Plan (CPP/QPP) remains a bit of a mystery. Many people realize they’ve been contributing to it for a good portion of their lives but may not be sure when or how much they’ll receive at retirement.
Canadians must convert their registered retirement savings plans (RRSPs) and locked-in RRSPs into a form of income by the end of the year in which they turn 71 years of age. This life event presents a number of options, which we discuss in this booklet
If you’re like most Canadians, chances are you could use some help when it comes to saving for your retirement. When used to its full advantage, a registered retirement savings plan (RRSP) can be a powerful tool that can save you money on your annual tax return while helping your savings grow.
Naming a beneficiary is an important part of your estate planning. When you name someone other than the estate as beneficiary of an insurance contract, the insurance company is obligated, under the Insurance Act, to pay any death benefit proceeds directly to the named beneficiary on record, avoiding the estate.
What’s the best way to protect yourself from fraud? We think it’s being prepared. That’s why we’re sharing some ways to protect your information and your privacy. Top 10 ways you can reduce your risk of fraud and identify theft.
Should I contribute to a TFSA, an RRSP, or both? - Determining the best approach The debate over whether to invest in a Registered Retirement Saving Plan (RRSP) or a Tax-Free Savings Account (TFSA) comes up every year. Both are excellent tools that allow you to shelter investments from taxes, and both have their place in a well-defined financial plan. Here are some factors to consider as you decide which type of account to save in.
There may have been a time when people were faced with choosing whether health, happiness or money mattered most to them. But in today’s world, embracing all three can increase the likelihood of enjoying a more enriching and enjoyable experience as you age.
Stepping onto the property ladder with a home or cottage purchase is exciting, but this pricey venture usually requires a mortgage that takes years to repay. The good news is that even small adjustments can speed up your repayment schedule, potentially saving you thousands of dollars.