The article “How much should you withdraw from your RRIF?” was originally published in MoneySense on August 16, 2021. Sandy wants to deplete a registered retirement income fund by age 90 and wonders how much to take out each year. Q. I am 78 and have...
The article “Are interest payments tax deductible?” was originally published in MoneySense on August 9, 2021. Photo by Photo by Windows on Unsplash. Interest paid may be tax deductible under the right circumstances. Find out which scenario might apply to...
The article “Can you change your mind about taking CPP early?” was originally published in MoneySense on August 3, 2021. Photo by Anna Shvets from Pexels. Rena started receiving Canada Pension Plan benefits at age 60 and wants to know if she can now defer...
The article “Divorce over 50: managing your finances if you find yourself single in the run-up to retirement” was originally published in MoneySense on July 28, 2021. Photo by Pavel Danilyuk from Pexels. “Grey divorce” is on the rise—and it...
The article “New rules boost financial protection for seniors, but getting them to opt in can be a delicate process” was originally published in Financial Post on July 27, 2021. PHOTO BY CHLOE CUSHMAN/NATIONAL POST ILLUSTRATION FILES. CSA introduces...
The article “Can you receive a government pension if you live outside of Canada?” was originally published on MoneySense on July 19, 2021. Photo by Frida Aguilar Estrada on Unsplash. Helen wants to know if her father can receive Old Age Security benefits,...
The article “RESP guide: Making the shift from saving for your child’s post-secondary education, to funding it” was originally published on MoneySense on July 12, 2021. Photo by Zen Chung from Pexels. Parents may spend years contributing to...
The article “Are you entitled to anything when your ex-spouse dies?” was originally published on MoneySense on July 5, 2021. Photo by Teona Swift from Pexels. Ginette wonders if she can claim survivor benefits although she and her late former husband were...
The article “Here’s what you need to know if your retirement is riding on your rental property income” was originally published in Financial Post on July 2, 2021. PHOTO BY ERNEST DOROSZUK/TORONTO SUN/POSTMEDIA FILES Jason Heath: There are unique...
The article “What happens to real estate when a spouse dies and property isn’t held jointly?” was originally published on MoneySense on June 30, 2021. Photo by Elina Fairytale from Pexels. Barb’s mother is living in a house that was owned by her deceased...
The article “A guide to spousal RRSPs for married and common-law partners” was originally published on MoneySense on June 21, 2021. Photo created by gpointstudio – www.freepik.com. There are benefits, but also potential pitfalls, to beware of when...
The article “What tenants need to know about buying out their rental” was originally published on MoneySense on June 14, 2021. Photo by cottonbro from Pexels. Douglas is considering buying the property he rents from his landlord. There are considerations...