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

How Does A LIRA Work After A Pension Transfer?

How Does A LIRA Work After A Pension Transfer?

The article "How Does A LIRA Work After A Pension Transfer?" was originally published on MoneySense on February 20, 2019. Ted is confused about his investment options after leaving a DC pension, and whether his pension money would be better off in a regular RRSP....

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What It Takes To Retire At 45

What It Takes To Retire At 45

The article "What It Takes To Retire At 45" was originally publishes on MoneySense on February 6, 2019. Konstantino is 27 and hopes to retire by 45. He wants to know how that impacts his RRSP versus TFSA savings strategy. Q: I’m 27 years old with a relatively healthy...

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Disability, Income Splitting and Tax Reduction

Disability, Income Splitting and Tax Reduction

The article "Disability, Income Splitting and Tax Reduction" was originally published on MoneySense on January 15, 2019. Rob’s wife is unable to work due to a chronic illness. He’s trying to plan for tax reduction in retirement on their registered accounts. Q: My wife...

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The Limits of Old Age Security Survivor Benefits

The Limits of Old Age Security Survivor Benefits

The article "The Limits of Old Age Security Survivor Benefits" was originally published on MoneySense on January 2, 2019. Lillian lost her husband and wants to know what happens to his Old Age Security pension. Q: My husband died in 2015 at the age of 56. He would...

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Can You Transfer Your Full Pension Into An RRSP?

Can You Transfer Your Full Pension Into An RRSP?

The article "Can You Transfer Your Full Pension Into An RRSP?" was originally published on MoneySense on December 11, 2018. Margaret wants to know how to avoid losing some of her pension if she transfers it into an RRSP at retirement. Q: I would like to know if you...

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RRIFs And Income Splitting In The Year Of Death

RRIFs And Income Splitting In The Year Of Death

The article "RRIFs And Income Splitting In The Year Of Death" was originally published on MoneySense on December 4, 2018. Gloria’s husband died recently. She’s looking for clarification on what happens with his RRIF and if and how she can split income with him in his...

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RESPs and Canadian Non-Residency

RESPs and Canadian Non-Residency

The article "RESPs and Canadian Non-Residency" was originally published on MoneySense on November 27, 2018. Cara and her family are becoming non-residents of Canada. They want to know what this means for their RESP account. Q: We are moving overseas to New Zealand....

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Selling Your Home To Your Kids – For $1

Selling Your Home To Your Kids – For $1

The article "Selling Your Home To Your Kids - For $1" was originally published on MoneySense on November 20, 2018. You need to consider if the savings for your child are worth the risk to you Q: I want to pass my principal residence where my son and I live to my son...

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Leaving An Inheritance For Your Grandchildren

Leaving An Inheritance For Your Grandchildren

The article "Leaving An Inheritance For Your Grandchildren" was originally published on MoneySense on November 7, 2018. Dan’s mother wants to use some of the proceeds from her home sale to help her young grandchildren save for their future Q: My mother has just sold...

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Should You Incorporate A Business To Save On Taxes?

Should You Incorporate A Business To Save On Taxes?

The article "Should You Incorporate A Business To Save On Taxes?" was originally published on MoneySense on October 23, 2018. Only if you can justify the initial and ongoing costs Q: I was recently let go from my job and am planning on starting a handyman business. I...

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Drawing Down Retirement Savings As A Single Senior

Drawing Down Retirement Savings As A Single Senior

The article "Drawing Down Retirement Savings As A Single Senior" was originally published on MoneySense on October 16, 2018. What to do with pensions, RRSPs, TFSAs, CPP and OAS as a solo retiree Q: As I approach the early days of my retirement, I am considering...

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How To Decide When To Convert RRSPs To RIFFs

How To Decide When To Convert RRSPs To RIFFs

The article "How To Decide When To Convert RRSPs To RIFFs" was originally published in MoneySense on October 9, 2018. Bart has three RRSP accounts and wants to know how his RRIF withdrawals are calculated Q: I have several (three) RRSPs, partially resulting from...

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TFSA vs RRSP: How To Decide Between The Two

TFSA vs RRSP: How To Decide Between The Two

The article "TFSA vs RRSP: How To Decide Between The Two" was originally published on MoneySense on October 2, 2018. Here are five factors to consider when making your choice Q: I have a question about RRSPs and TFSAs. My average income is $100,000. Which account I...

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How To Help A Parent Invest In Their 80s

How To Help A Parent Invest In Their 80s

The article "How To Help A Parent Invest In Their 80s" was originally published on MoneySense on September 25, 2018. Beth is trying to help her mother decide what to do with the sale proceeds of her house Q: My elderly mother, 83, just sold the family home for...

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Tax Withholding On RRIF Withdrawals

Tax Withholding On RRIF Withdrawals

The article "Tax Withholding On RRIF Withdrawals" was originally published on MoneySense on September 18, 2018. Bob is concerned about the tax withholding on his RRIF withdrawals. He’s not sure he’s drawing down his investments properly. Q: I am a widower, 80 years...

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Do You Really Need An RRSP To Retire?

Do You Really Need An RRSP To Retire?

The article "Do You Really Need An RRSP To Retire?" was originally published on MoneySense on September 5, 2018. Riza is worried about retiring without an RRSP. But do you even need one? Q: What will happen if I retire and I don’t have an RRSP? —Riza A: The Registered...

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Is It Okay To Retire With Debt?

Is It Okay To Retire With Debt?

The article "Is It Okay To Retire With Debt?" was originally published on MoneySense on August 28, 2018. Steve has debt but also has a generous DB pension. Should he retire? Q: I am eligible for retirement at age 57, as I have 30 years of service. I am now...

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Are RRSP Contributions Worth It At Age 70?

Are RRSP Contributions Worth It At Age 70?

The article "Are RRSP Contributions Worth It At Age 70?" was originally published on MoneySense on August 14, 2018. Q: We are a retired couple getting very close to converting RSPs to a RIF (my husband has one more year). We have a substantial capital gain to report...

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Investments To Use For A Down Payment On A House

Investments To Use For A Down Payment On A House

The article "Investments To Use For A Down Payment On A House" was originally published on MoneySense on August 8, 2018. RRSP or TFSA? Likely, it’ll be both Q: My son has money in an RRSP (mutual fund) and TFSA (cash sitting in account) and he buys a condo this year....

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Simplify Your Investments To Save On Estate Tax

Simplify Your Investments To Save On Estate Tax

The article "Simplify Your Investments To Save On Estate Tax" was originally published on MoneySense on August 1, 2018. William wants to plan his estate so that it is as seamless as possible for his children when he passes away Q: I am a 72-year old divorced male with...

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Can You Receive CPP Benefits From Two Partners?

Can You Receive CPP Benefits From Two Partners?

The article "Can You Receive CPP Benefits From Two Partners?" was originally published in MoneySense on July 24, 2018. Twice the split CPP? It’s possible, to an extent. Q: Can I get CPP from a common law partner if he dies, even though I receive CPP from a divorced...

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Do Canadian Expats Have To Pay Income Tax?

Do Canadian Expats Have To Pay Income Tax?

The article "Do Canadian Expats Have To Pay Income Tax?" was originally published on MoneySense on July 17, 2018. Taxation is based on residency, but expats coming back should watch out Q: I am Canadian citizen living in Pakistan since 2002. I have no home or family...

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How To Earn A Risk-Free 4% Annual Return

How To Earn A Risk-Free 4% Annual Return

The article "How To Earn A Risk-Free 4% Annual Return" was originally published on MoneySense on July 3, 2018. This reader doesn’t want to put her capital at risk. But there may be a few things she hasn’t considered. Q: I am a widow with $300,000. How realistic is it...

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Can You Inherit A TFSA Tax-Free?

Can You Inherit A TFSA Tax-Free?

The article "Can You Inherit A TFSA Tax-Free?" was originally published on MoneySense on June 27, 2018. Linda wants to know if there are any tax or probate fee implications when you inherit a TFSA Q: Is the money from a TFSA tax free as an inheritance? Any probate...

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Can You Get Survivor Benefits From An Ex-Spouse?

Can You Get Survivor Benefits From An Ex-Spouse?

The article "Can You Get Survivor Benefits From An Ex-Spouse?" was originally published on MoneySense on June 19, 2018. That may depend on whether you’re separated or divorced Q: Your article prompted me to think about my pension lost to my ex-wife, whom I very...

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How Cottage Renos Can Reduce Your Capital Gains

How Cottage Renos Can Reduce Your Capital Gains

The article "How Cottage Renos Can Reduce Your Capital Gains" was originally published on MoneySense on June 12, 2018. Phylis and her son own a cottage together. She wants to understand the future tax and estate planning implications. Q: My son and I have purchased...

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What To Do When Your Withholding Tax Is Too Low

What To Do When Your Withholding Tax Is Too Low

The article "What To Do When Your Withholding Tax Is Too Low" was originally published on MoneySense on June 5, 2018. Kersten is worried she’ll have a big tax liability next spring Q: I retired at 55 and I am collecting my full teaching pension. I have recently...

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