(Photo credit: Kirby Lee-Imagn Images) Candace Parker and Elena Delle Donne lead the 2026 Women’s Basketball Hall of Fame class revealed on Thursday. WNBA and Team USA coach…
Read more Candace Parker, Elena Delle Donne, Doris Burke in ’26 Women’s HOF class(Photo credit: Brad Penner-Imagn Images) Aaron Judge tied Joe DiMaggio for fourth place on the Yankees’ all-time home run list on Thursday, going deep twice while leading New…
Read more MLB roundup: Aaron Judge ties Joe DiMaggio on Yankees’ HR listSUGAR LAND, Texas — In his backyard, Ed Prudhomme is growing herbs and vegetables, but the true stunner is his sunflower plant, which is towering over his home.…
Read more Sugar Land man grows 20-foot-tall sunflower plantA Canadian retiree’s main decision with this Sun Life product is the age they want the funds to last until (the maturity age). They can choose from 85,…
Read more What is Sun Life’s new decumulation product? – MoneySenseBut just because you’re on a tight budget doesn’t mean you’re stuck with your dated décor and dysfunctional layout. There are options, even for those who can’t tap…
Read more How to renovate your home on a fixed income – MoneySenseThe impact of your marginal tax rate It’s important to clarify, Ken, that if you have a minimum RRIF withdrawal with no tax withheld, that does not mean…
Read more How to plan for taxes in retirement in Canada – MoneySenseIf the RRIF is not set up this way, there will be immediate tax consequences, and the estate wishes of your husband may not play out as intended.…
Read more What happens to a RRIF when the account owner dies? – MoneySenseMany Canadian employers see DB plans, where retirees receive a guaranteed payout every month (sometimes indexed to inflation), as too expensive. And while the average time spent working…
Read more What to do with a small pension in Canada – MoneySenseThere is a spousal attribution rule with spousal RRSPs that applies if you take withdrawals within three years of your spouse contributing. This may result in the withdrawals…
Read more How to consolidate your registered accounts for retirement income in Canada – MoneySense“This leaves a total outstanding now of $204,939, with the interest owing being 25% of the balance owing after only five years,” says Ardrey. “As time goes on,…
Read more Why a reverse mortgage should be a last resort for Canadian retirees – MoneySenseAbout the Canada Pension Plan (CPP) The Canada Pension Plan is a retirement pension that offers replacement income once a person retires from working life. The CPP is…
Read more CPP payment dates this year, and more to know about the Canada Pension Plan – MoneySenseDie Broke is the book where I first encountered the colourful quip about how the last cheque you write should be to your undertaker, and it should bounce.…
Read more A review and summary of Die with Zero and 4,000 Weeks – MoneySenseThe minimum age at which you can convert a registered retirement savings plan (RRSP) to a registered retirement income fund (RRIF) varies by province: it’s 50 in some,…
Read more RRIF withdrawal rates chart 2024 – MoneySenseFirst, remember the money in your locked-in retirement account (LIRA) or LIF is money intended to provide you with a lifetime income. Upon leaving your employer, your pension…
Read more Financial hardship withdrawal exceptions and increasing income in retirement – MoneySenseUnless taxpayers make a request, there are no withholding taxes on the minimum RRIF withdrawal. This can result in the Canada Revenue Agency (CRA) requesting quarterly tax installments…
Read more How to cope with the RRSP-to-RRIF deadline in your early 70s – MoneySenseAre you on track, or are you playing catch up? For some Canadians, that may feel like plenty of time to ramp up their retirement savings, especially if…
Read more How to start saving for retirement at 45 in Canada – MoneySenseYou do not have to wait until age 71 to convert your RRSP. Most people consider doing so once they have retired. RRIF withdrawal rates The minimum age…
Read more RRIF and LIF withdrawal rates: Everything you need to know – MoneySense“Mine is probably the only calculator that assumes one’s spending does not quite keep pace with inflation in our later years.” “My calculator is one of the few…
Read more What’s new in the latest edition of Retirement Income for Life? – MoneySenseWhat are EI benefits? What are special benefits? Regular benefits are paid to eligible employees who lose their job through no fault of their own, JM. Typically, this…
Read more How to qualify for EI benefits in retirement – MoneySenseMike, you are at risk of leaving too much money after you die, and it may not be until you reach age 70, 75 or 80 when you…
Read more How to model retirement income in Canada – MoneySense
