Tags » Tax Free Savings Account

When should you start your CPP benefits?

By Sheryl Smolkin

I retired early and elected to start receiving my Canada Pension in 2010 at age 60. As I result my pension was reduced by 30% (.5% for every month prior to age 65) and I currently receive $675.20/month. 548 more words

RRSP

Doubling TFSA contribution limits 'ticking time bomb' for gov't revenue: study

WATCH: Jacques Bourbeau has the details on what critics are saying about TFSAs.

OTTAWA – Two studies on tax-free savings accounts sound alarm bells about their long-term fiscal impact if the Conservative government keeps a 2011 campaign promise to allow people to park almost twice as much money in the popular savings vehicles. 533 more words

News

#HowToBuildYourWealth - Tax Free Savings Account (TFSA)

Here is Video 3 with Michael Andersen – our Wealth Management expert. In case you missed our second video, Michael is a Director at Richardson GMP,  a leading-edge wealth management firm in Canada that provides solid investment strategies designed to maximize returns while minimizing tax and risk. 56 more words

Roy Cocciollo

Saving or Investing: 7 Common Questions

To some individuals, becoming wealthy is the ultimate dream.   Wealth provides the means to living a life in which you do not have to worry about working and the price of basic goods.    772 more words

Personal Savings

Can a TFSA be used as an emergency fund?

Great advice from our friends at Tangerine.  Building an emergency fund is a great financial literacy skill which pays off in the long run.   If you have not started your emergency fund  yet, you can do so using a Tax-Free Savings Account as discussed by Preet Banerjee in the video below..

Personal Savings

R-R-S-P-E-C-T, find out what it means to me

By Janice Desautels (photo by Michael Thorner)

From now until the end of February, we will be overstimulated with messages about contributing to an RRSP. So when it comes down to it – what should we be doing? 684 more words

Smart Biz