The article “A strategy for non-registered and TFSA accounts in retirement” was originally published in MoneySense on January 3, 2023 . Photo by Felicity Tai from Pexels. Between a TFSA and non-registered accounts, what is the most tax-effective way to withdraw to fund retirement? “I’ve got approximately $500,000 in non-registered…

The article “Estate planning and trusts for a beneficiary with a disability” was originally published in MoneySense on December 28, 2022. Photo by Cliff Booth from Pexels. Estate planning and trusts for a beneficiary with a disability, what type of professional is best? “I am wondering who I would reach…

The article “Is now the time for retirees to sell stocks and buy GICs?” was originally published in MoneySense on December 21, 2022. Photo by Mikhail Nilov from Pexels. Many people near or in retirement are worried about stock market volatility. Does it really make sense to put everything into…

The article “Is now the time for a long-term investor to abandon stocks?” was originally published in MoneySense on December 21, 2022. Photo by Anna Nekrashevich from Pexels. It’s been a difficult year for stock investors. Should you move into GICs or mortgage funds to invest for the long term?…

The article “Can an estate contribute to an RESP account?” was originally published in MoneySense on December 20, 2022. Photo by Ketut Subiyanto form Pexels. Here’s what you need to know before deciding to leave money in trust for an RESP account after your death. “Can money left in a…

The article “How to start investing with ETFs in your 20s?” was originally published in MoneySense on December 15, 2022. Photo by Andrea Piacquadio from Pexels. Learning about investing in your 20s can be as fun as it is challenging. Here are some thought-starters. “I want to help my 20-year-old…

The article “Do you pay withholding tax on U.S. ETFs?” was originally published in MoneySense on December 13, 2022. Photo by Andrea Piacquadio from Pexels. A Canadian-domiciled ETF is almost always subject to U.S. withholding tax, but there are exceptions and a foreign tax credit to consider. “Will buying a…

The article “Should you collect CPP and OAS while working in your 60s?” was originally published in MoneySense on December 6, 2022. Photo by Andrea Piacquadio from Pexels. If you’re in your 60s and plan to remain in the workforce, here’s what you need to know about applying for your…

The article “Can you save tax by moving into your rental property?” was originally published in MoneySense on November 28, 2022. Photo by Ketut Subiyanto from Pexels. Moving into a co-owned property has capital gains tax implications, but there are other financial impacts to consider as well. “I have a…

The article “Tools and habits to stay on track with your money goals” was originally published in MoneySense on November 22, 2022. Photo by Andrea Piacquadio from Pexels. Goal tracking is an important part of proactive financial planning. Here are some tools and habits to try to embrace. In recent…

The article “How spouses with joint accounts should claim capital losses” was originally published in MoneySense on November 15, 2022. Photo by Yan Krukov from Pexels. A couple with a pair of joint accounts wants to claim a capital loss on their taxes. How should the loss be reported, and…

The article “Should RRIF withdrawals be based on the younger spouse’s age?” was originally published in MoneySense on November 8, 2022. Photo by Rodnae Productions from Pexels. Is there an advantage to using a younger spouse’s age to calculate minimum RRIF withdrawals? Find out. “I am wondering about the minimum…