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

Advice On Making Your First Home More Affordable

Advice On Making Your First Home More Affordable

The article "Advice On Making Your First Home More Affordable" was originally published on MoneySense on May 14, 2019. Irene and her partner want to buy a house with savings, some help from her dad and a mortgage from an alternative lender. What are the implications?...

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How To Handle Death Inside A Joint Investment Account

How To Handle Death Inside A Joint Investment Account

The article "How To Handle Death Inside A Joint Investment Account" was originally published on MoneySense on April 23, 2019. After Vee’s father passed away, her advisor made some transactions that she’s now questioning. Q. My father had two investment accounts open...

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An Easy Guide To Income Splitting For Seniors

An Easy Guide To Income Splitting For Seniors

The article "An Easy Guide To Income Splitting For Seniors" was originally published on MoneySense on April 10, 2019. Cindy and her husband are looking for strategies to help them save on taxes in retirement. Q. My husband and I are both retired. He still has income...

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Can I Have A Multi-Generational RESP?

Can I Have A Multi-Generational RESP?

The article "Can I Have A Multi-Generational RESP?" was originally published on MoneySense on March 26, 2019. If money is left over in your child's RESP you can in theory use it for your future grandkid's education, with some big caveats Q: I have an existing RESP for...

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How To Avoid A Pension Clawback From A One-Time Event

How To Avoid A Pension Clawback From A One-Time Event

The article "How To Avoid A Pension Clawback From A One-Time Event" was originally published on March 19, 2019. Mike wants to know what can be done to avoid a reduction in government pension income due to a one-time event. Q: Are you aware of the “one-time event” in...

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The Best Way To Transfer Investments To Your Spouse

The Best Way To Transfer Investments To Your Spouse

The article "The Best Way To Transfer Investments To Your Spouse" was originally published on MoneySense on March 12, 2019. Dean has investments that he wants to transfer to his spouse. There are tax implications depending upon how the transfer occurs Q: Is there a...

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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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