by Jason Heath | Nov 27, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Nov 20, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Nov 13, 2018 | Jason Heath, MoneySense Magazine, News
The article “Bleeding Your RRSP Dry To Save On Tax When You’re Dead” was originally published on MoneySense on November 13, 2018. Chris is retiring and living on CPP, OAS and her RRSP. She wonders if she should take more than the minimum withdrawal from...
by Jason Heath | Nov 7, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Oct 31, 2018 | Jason Heath, MoneySense Magazine, News
The article “How Low-Income, Single Seniors Can Plan For Retirement” was originally published on MoneySense on October 31, 2018. Diane is worried about the prospect of retiring on her own especially given her limited ability to save Q: I am a 52-year old...
by Jason Heath | Oct 23, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Oct 16, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Oct 9, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Oct 2, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Sep 25, 2018 | Jason Heath, MoneySense Magazine, News
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...
by Jason Heath | Sep 18, 2018 | Jason Heath, MoneySense Magazine, News
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,...
by Jason Heath | Sep 11, 2018 | Jason Heath, MoneySense Magazine, News
The article “Should You Buy Real Estate Just To Stay In The Market?” was originally published on MoneySense on September 11, 2018. Face it. There are plenty of other better options. Q: I just sold an estate home in the Greater Toronto Area very recently...
