[ad_1] The hidden snag in non-registered accounts If a non-registered account is held individually, it doesn’t automatically pass to a surviving spouse. Instead, it…
[ad_1] Chalk that up as a win for Canadians. Between the tax-free savings account (TFSA), registered retirement savings plan (RRSP), and first home savings…
[ad_1] RESP contributions and withdrawals Registered education savings plans (RESPs) are used to save for a child’s post-secondary education. Contributing to an RESP can…
[ad_1] 17. 2018: Transitioning to more protectionist policies, the United States initiated a renegotiation of the North American Free Trade Agreement (NAFTA)—brought into force…
[ad_1] If the RRIF is not set up this way, there will be immediate tax consequences, and the estate wishes of your husband may…
[ad_1] The perks of having an RESP The RESP was first introduced in 1974 as a tax-deferred savings vehicle for a child’s post-secondary education.…
[ad_1] Can you hold gold in a registered account? Gold is considered a qualified investment for registered accounts in Canada, Audrey. This means you…
[ad_1] RESP contributions grow tax-deferred and are eligible for government grants and bonds. Withdrawals are partially taxable and partially tax-free. The taxable portion can…
[ad_1] Types of investing accounts In Canada, there are two types of investment accounts: registered and non-registered. Registered accounts are filed with the Canada…
[ad_1] Can you transfer a RRIF to a TFSA? A RRIF is a tax-deferred account. A TFSA is a tax-free account. So, you cannot…
[ad_1] The new capital gains inclusion rate There has been speculation in recent years about an increase in the capital gains inclusion rate. Currently,…
[ad_1] 17. 2011: Google released Google Wallet in the U.S., three years before Apple Pay even popped up on our iPhones. Over the next…
[ad_1] Should Canadian non-residents keep their TFSAs? Tax-free savings accounts (TFSAs) can remain tax-free for a non-resident of Canada—at least from a Canadian perspective.…
[ad_1] While saving for retirement is a top priority for half of employed Canadians, many of us (44%) did not actually set aside money…
[ad_1] The best way to save for school: Open an RESP Ideally, your grandchild or grandchildren will have an RESP. Perhaps your own kids…
[ad_1] First, a quick refresher on these registered accounts: RESPs provide a tax-advantaged way to invest in your children’s or grandchildren’s future education. Contributions…
[ad_1] Fortunately, there are a number of ways to save for a down payment on your first home, including the first home savings account…
[ad_1] Once you’ve opened an RESP for your (grand)child or (grand)children, though, what should you do with it? How often and how much to…
[ad_1] Real estate prices in Canada: investment or debt? I also worry that people may have too much confidence that real estate prices will…
