The article “How to claim a child’s income below the basic personal amount” was originally published in MoneySense on July 10, 2023. Even if a child’s earnings are exempt from income tax, they may be entitled to tax credits or deductions. Here’s how their...
The article “RRIF withdrawal rules for retirees need to be updated” was originally published in Financial Post July 5, 2023, by Jason Heath. Retirees should beware of using the RRIF conversion age or the minimum withdrawal schedule as a guideline. The...
The article “Should you include your pension in your net worth?” was originally published in MoneySense on July 4, 2023. Photo by Kampus Production from Pexels. Whether to include a pension in your net worth statement is up for debate. If you choose to do...
The article “4 strategies for income splitting with a lower-income spouse” was originally published in MoneySense on June 26, 2023. Photo by Nataliya Vaitkevich from Pexels. If one spouse does not work, is it beneficial for the other to invest and buy...
The article “Should you transfer your DC pension plan to a discount brokerage?” was originally published in MoneySense on June 26, 2023. Photo by Ono Kosuki from Pexels. “I have been with the same employer for nearly 20 years and have participated in...
