The article “Should you pay off student debt before investing?” was originally published in MoneySense on August 22, 2023, reposted September 1st, 2023. If you want to start investing but you’ve got a Canada Student Loan or other student debt to repay,...
The article “Why couples should consider co-mingling their finances” was originally published in Financial Post on August 15, 2023. PHOTO BY GETTY IMAGES/ISTOCKPHOTO. Research shows that couples who merge their money are more likely to be happy and...
The article “A company I hold stock in was acquired or merged—do capital gains apply?” was originally published in MoneySense on August 8, 2023. Shareholders cannot always prevent a company sale or merger from going ahead. When that happens, do you still...
The article “Can you trust AI with financial advice?” was originally published in MoneySense on July 31, 2023. Advancements in artificial intelligence have begun to accelerate and are a hot investing topic in 2023. Can AI give financial advice you can...
The article “When your child moves into your rental property: Capital gains and how to claim principal residence exemption” was originally published in MoneySense on July 24, 2023. When an adult child moves into their parents’ rental property, the family...
The article “How annuities work in Canada” was originally published in MoneySense on July 17, 2023, reposted April 18, 2024. Annuities have faced headwinds over the past 40 years. But as interest rates climb and baby boomers retire, they’re gaining...
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...
The article “What to do when you overcontribute to your RRSP” was originally published in MoneySense on June 19, 2023. Photo by Ono Kosuki from Pexels. If you’ve accidentally overcontributed to your RRSP, you’ll pay a tax penalty. Here are your options for...
