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RRIF rules need updating: C.D. Howe

By Sheryl Smolkin

A recent policy paper from the C.D. Howe Institute[I] documents how the current mandatory minimum withdrawals from registered retirement income funds (RRIFs) and similar accounts have not kept pace with the increased life expectancies of Canadians – a problem for retired Canadians trying to balance their need for current income against the risk of outliving their savings. 700 more words

Money Saving Tips

Tax-Efficient Investing At Its Best – Case Study

Corporate Class share structure offers tax-efficient investing

Brian, age 40, has just inherited $100,000. Since he has maximized his RRSP and tax-free savings account, he plans to invest this money in a non-registered account. 747 more words

For Growing Family Wealth

Weekly Retirement and Business Succession News

Here is a list of Boomer Retirement, Business Succession Planning, and Estate Planning articles that you may find interesting.

  1. What do you need to do to get a return on your investment in your business?
  2. 460 more words
Business

Weekly Retirement and Business Succession News

Here is a list of Boomer Retirement, Business Succession Planning, and Estate Planning articles that you may find interesting.

  1. Why is a TFSA a great addition to your RRIF?
  2. 379 more words
Business