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One in five Canadians have withdrawn money from an RRSP to make ends meet.
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No matter which one you pick, it's best to start early.
It's an opportunity for people to reduce their income and maybe enjoy a nice tax refund.
Experts say it depends on your personal financial circumstances.
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OTTAWA — As Canadians review their year-end investment statements and prepare to meet with their financial advisers ahead of the RRSP deadline, stock markets are taking a rocky ride. Amid the market t...
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This year's RRSP deadline is Feb. 29.
Today, it takes more brains and effort to make out the income-tax form than it does to make the income. - Alfred E. Neuman 1) Prioritize Three Contributions RRSP Offers best tax sheltering option for...
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But those who are contributing, are contributing a little bit more.
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We all know that we should put money away for our retirement. The message has hit home and fortunately many of us are putting away at least 10 per cent -- if not more -- of our net income for our senior years. While this is undoubtedly a good thing, there still exists some confusion about these savings vehicles.
Half don't know you can use an RRSP for a first-home down payment.
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The spending Stephen Harper promised could ultimately lead to strict rules about what kinds of homes — existing or new — foreign investors are allowed to own.
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TORONTO -- Canadian couples with significantly different incomes may want to consider using a spousal RRSP to help cut their tax bill in retirement, but experts say it's all about balance. "It's not s...
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In my 20 years working in the financial services industry, I have never heard someone say the less money you have at retirement the better. Some people can and will certainly make do with less, but one thing is sure; the more money you have saved when you retire, the more choices you will have in retirement. Follow these steps to start the ball rolling:
The deadline for making RRSP contributions for the 2013 tax year is coming up quickly — March 3, 2014. And just in time comes new research to warn you of what you may be doing wrong with your investme...
MONTREAL -- Many Canadians live frugally for years in the hope of leaving large legacies to their children, but without proper estate planning those legacies can be fraught with complications. Taxes,...
The deadline for RRSP contributions is nearing, but there's another important investment concern for Muslims — ensuring the products they rely on for their retirement income comply with Islamic princi...
If there's one constant investors have faced over the past few months, it's been volatility. The swings have been downright wild at times, as headlines about one debt crisis after another and increase...