Here is a collection of articles we have published so you can stay informed!

How To Know A Spousal RRSP Is Right For You

Wayne’s wife has no RRSP room, so he’s hoping she can use some of his. But there’s a better way. Q: I have lots of room in my RRSPs, but I am retired on a lower income. My wife still works and has no room in her RRSPs. Is there a way for her to use my RRSPs and still...

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What To Do With Unused RESP Money

The article "What To Do With Unused RESP Money" was originally published on February 21, 2017 on MoneySense. Kevin has $54,000 in an RESP but his children have completed their educations. Now what? Q: My wife and I have a son aged 25 years old and a daughter age 27...

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How Much Should You Pay in Investment Fees?

The article "How Much Should You Pay in Investment Fees?" was originally published on MoneySense on February 14, 2017. Fee info is hard to find online. Here’s advice Q: What do you think the fees for investment management at, let’s say, RBC, TD, BMO, or any of the big...

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How To Earn Tax-Efficient Dividend Income

The article "How To Earn Tax-Efficient Dividend Income" was originally published on MoneySense on January 31, 2017. Just know that your dividends will turn up on your tax return whether you like it or not.   Q: If I am holding stocks that pay a dividend in a...

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Investing In Canada As A U.S. Resident

The article "Investing In Canada As A U.S. Resident" was originally published on MoneySense on January 24, 2017. Margaret has received an inheritance in Canada, but lives in the U.S. What should be her next steps? Q: I am a Canadian citizen. I live in the USA with a...

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When Not To Apply For OAS

The article "When Not To Apply For OAS" was original published on MoneySense on January 17, 2017. Depending on your income, an OAS application could be a huge mistake. Q: I retired early at 60 and I am now 65. I opted to collect my CPP at 60. Now at 65, I am...

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A Quick and Easy Primer On Capital Gains Tax

The article "A Quick and Easy Primer On Capital Gains Tax" was originally published on MoneySense on January 10, 2017. How capital gains tax works with a TFSA, plus other need-to-know info.   Q: Can I save capital gains tax by putting money into a TFSA? Do I have...

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When Not To Contribute To A TFSA

The article "When Not To Contribute To A TFSA" was originally published on MoneySense on January 3, 2017. Richard is looking for some advice on an $80K inheritance. A TFSA isn’t the holy grail of investing. Q: My wife and I would like to put our inheritance...

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Can You Unlock A LIRA Early?

The article "Can You Unlock A LIRA Early?" was originally published on MoneySense on December 20, 2016. In Alberta there are 5 instances when you may be able to. Q: I have a LIRA from my employment some years ago in the amount of $250,000. I live in Alberta. Due to...

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Paying Off Debt With Investment Income

The article "Paying Off Debt With Investment Income" was originally published on MoneySense on December 13, 2016. Shawn can pay off his mortgage with his stock investments. The question is: Should he? Q: I have a mortgage and pay 3.5 percent and make monthly payments....

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Help Your Parents Avoid Probate

The article "Help Your Parents Avoid Probate" was originally published on MoneySense on December 6, 2016. Should you buy your parent’s home to dodge probate? Q: My dad wants my brother and I to buy his home in order to avoid probate. I would like to see him keep his...

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Investing U.S. Stocks In A TFSA

The original article "Investing U.S. Stocks In A TFSA" was published on MoneySense on November 29th, 2016. Avoiding U.S. stocks in your TFSA may lead you to pay more tax Q: In a TFSA, I hold a mutual fund that holds U.S. blue chip stocks. Am I penalized? —Stephen...

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What Is In A Financial Plan?

The article "What Is In A Financial Plan?" was originally published in MoneySense on November 22, 2016. Here’s exactly what a financial plan from a fee-only planner entails Q: With a fee-only financial planner, what would I receive in a financial plan? —James A: The...

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What Happens To An RESP When You Die

The article "What Happens To An RESP When You Die" was originally published in MoneySense on November 15, 2015. Wayne has an RESP for a child he’s not related to. Who will the money go to? Q: I am the account subscriber for an RESP for a child to whom I am not related...

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Can I Reset My TFSA?

The article "Can I Reset My TFSA?" was originally published on MoneySense on November 8, 2016. John has lost money in his TFSA and he wants to figure out the best way to make lemonade out of his lemons Q: I have a question on TFSAs. I have lost money on mine and I...

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What Happens To A TFSA After You Die?

The article "What Happens To A TFSA After You Die?" was originally published on MoneySense on November 1, 2016. There are three things you can do to make sure your TFSA goes to who you want Q: I have topped up my TFSA to date and my wife has done the same. Returns...

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Can I Retire In 6 Months?

The article "Can I Retire In 6 Months?" was originally published on MoneySense on October 25, 2016. Walter, 63, may be forced into retirement next spring. But is he ready? Q: My wife and I have been married for 14 years (my first wife passed away). Janie is not...

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Investing As Power of Attorney

The article "Investing As Power of Attorney" was originally published on MoneySense on October 18, 2016. Selling his mother’s house will leave Frank with $140,000 in proceeds. Here’s what he should do with the money. Q: This year, my 80+ year old mother had to move to...

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Where Should I Transfer My Pension?

The article "Where Should I Transfer My Pension?" was originally published on MoneySense on October 11, 2016. Rachel has two options: a bank or an investment firm Q: I am recently out of the military and not sure where to transfer my pension. I’m considering a bank...

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RRSPs, DCPPs, CPP, Oh My!

The article "RRSPs, DCPPs, CPP, Oh My!" was originally published on MoneySense on October 4, 2016. Daniel has plenty of retirement options. Which should he prioritize? Q: I’m 56 and would like to retire at 60. I have a defined contribution pension plan. Would it be...

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Four Things To Look For In A Financial Planner

Here are 4 points to help you identify what to look for in a Financial Planner: What to look for in a Financial Planner 1.    Look for a Certified Financial Planner (CFP®). CFP®'s are governed by the FPSC, (the governing body for Financial Planners in Canada). It is...

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