Posts by Jason Heath
10 Podcasts To Amp Up Your Investing And Financial Confidence
The article “10 Podcasts To Amp Up Your Investing And Financial Confidence” was originally published on MoneySense on May 3, 2020. These Canadian resources make it easy to bone up on a wide range of money concerns. Q. I’m 30 years old and would like to learn more about saving, budgeting, debt management, mortgages, taxes,…
Read More“Records Of My Stock Purchase Have Disappeared. What Now?”
The article “Records Of My Stock Purchase Have Disappeared. What Now?” was originally published on MoneySense on April 22, 2020. Tonya bought shares of a small company, which she sold at a loss. She’d like to use that loss to offset some capital gains, but neither the brokerage nor the exchange can find the information…
Read MoreDeath and Taxes: Estate Settlement Can Cost Money, Time and Relationships
The article “Death and Taxes: Estate Settlement Can Cost Money, Time and Relationships” was originally published on Financial Post on April 21, 2020. A properly crafted estate plan should envision the financial and family implications that can draw out for years to come. This is the final instalment of a three-part series on estate costs. The…
Read MoreShould You Consider Using Joint Accounts To Avoid Probate?
The article “Should You Consider Using Joint Accounts To Avoid Probate?” was originally posted on MoneySense on April 16, 2020. Would listing Laurel as her aging mother’s joint account holder simplify management of her mother’s affairs if she is no longer able to do so herself? The alternatives are less risky. Q. My mother is a…
Read MoreCOVID-19 Financial Support For Working Seniors
The original article “COVID-19 Financial Support For Working Seniors” was published on MoneySense on April 14, 2020. You may still qualify for the federal government’s CERB payments, even if you collect CPP and OAS. Q. I am still working, and also receive Canada Pension Plan (CPP) and Old Age Security (OAS) benefits. If I get laid…
Read MoreThe Basics of Starting Your Own Business
The article “The Basics of Starting Your Own Business” was originally published on MoneySense on April 8, 2020. Looking to earn some money through self-employment or a side hustle? Here’s what to know about the setup and tax implications before you get started. With job insecurity on many of our minds during the COVID-19 pandemic—and…
Read MoreDeath And Taxes: How To Navigate The Probate Process To Keep Tax Costs In Check
The article “Death And Taxes: How To Navigate The Probate Process To Keep Tax Costs In Check” was originally published on Financial Post on March 24, 2020. There are ways to reduce or avoid probate fees and reasons to try to, but there are some things to take into consideration first. This is the second…
Read MoreWhat Should Retirees Do With Their Investments Amid COVID-19?
The article “What Should Retirees Do With Their Investments Amid COVID-19?” was originally published on MoneySense on March 23, 2020. With North American stock markets down more than 30% from their recent highs, Canadians who are retired or close to retirement are faced with a choice—to sell or not to sell? The speed and severity…
Read MoreHow To Protect Your Personal Finances Amid The Coronavirus Chaos
The article “How To Protect Your Personal Finances Amid The Coronavirus Chaos” was originally published on Financial Post on March 18, 2020. With more repercussions to come, there are still steps you can take to protect your financial wellbeing. The initial financial implications of the novel coronavirus have been severe for investors. Stocks are down…
Read MoreWhat You Need To Know About Filing Your 2019 Tax Return
The article “What You Need To Know About Filing Your 2019 Tax Return” was originally published on MoneySense on March 4, 2020. Here is a quick primer on claims to take advantage of, the filing deadlines for employees and self-employed taxpayers, what to watch out for, and more. NOTE: Canada Revenue Agency has deferred…
Read MoreHow To Ensure Your Inheritance Goes To Your Children And Not The Taxman
The article “How To Ensure Your Inheritance Goes To Your Children And Not The Taxman” was originally published on Financial Post on March 2, 2020. With a little planning, retirees can reduce their lifetime tax payable and minimize the potential tax payable by their estate. Benjamin Franklin once said that “in this world nothing can…
Read MoreHere’s How Much You Should Contribute To Your RRSP For Each Stage Of Your Career
The article “Here’s How Much You Should Contribute To Your RRSP For Each Stage Of Your Career” was originally published on Financial Post on February 25, 2020. How much you need to save for retirement depends on a lot of personal factors EARLY CAREER Tax Free Savings Account (TFSA) contributions should be considered instead…
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