All items tagged with: TFSA

Tax Tip: 10 Tax-Exempt Income Sources

Posted: February 12, 2018 By: Evelyn Jacks
Posted in: Strategic Thinking , capital gains, knowledge bureau, TFSA, Evelyn Jacks, tax exempt income, tax courses, online courses, Canada Child Benefit, online education, tax exemptions, exempt amounts, inheritances, lottery winnings, disability plans, GST credit, HST Credit, social assistance payments, Municipal Officers Expense Allowances, employment benefits

Love this tax tip: all income sources are not taxable. Here’s my top 10 favorite “dark horses” – exempt amounts most people don’t know about.

Financial Professionals Agree that the Demise of Canada Savings Bond is Appropriate

Posted: October 31, 2017 By : Knowledge Bureau Staff
Posted in: Strategic Thinking , Tax Planning, Financial Literacy, Financial Advisor, investments, knowledge bureau, Canada Revenue Agency, poll results, TFSA, Evelyn Jacks, federal budget, tax courses, retirement savings, tax changes, financial education, Knowledge Bureau poll, financial courses, poll, october poll, november poll, tax-free savings, taxation

Our October Poll delivered surprising results regarding the demise of The Canada Savings Bond. Most financial professionals polled agreed, indicating that TFSAs are a better alternative. However, it’s clear that some Canadians attribute nostalgic value to CSBs.

Advisors Get Investors Better Returns, Global Report Finds

Posted: October 03, 2017 VIA: Knowledge Bureau
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, TFSA, Evelyn Jacks, rrsp, financial advisors, Canadian economy, wealth management, wealth managers, tax education, financial education, value proposition, high-net-worth clients, Real Wealth Manager Program, World Wealth Report, millionaires, investment success, stock market, investment returns, portfolios

There are more millionaires in the world than ever, according to Capgemini’s World Wealth Report 2017, and those whose portfolios are overseen by wealth managers achieved robust gains of 24.3 per cent on average — far exceeding benchmark performance.

Nearly Two-thirds of Canadians Use Tax-assisted Savings

Posted: September 25, 2017 VIA: Knowledge Bureau
Posted in: Strategic Thinking , CRA, knowledge bureau, Canada Revenue Agency, statistics canada, TFSA, Evelyn Jacks, retirement planning, rrsp, master financial advisor, retirement savings, retirement statistics, tax-assisted savings, Registered Retirement Savings Plan, public sector employment, registered savings account, retirement income planning, Estate Services Specialist

More than 65 per cent of Canada’s 14 million households contributed to at least one registered savings account (RPP, RRSP or TFSA) in 2015, according to recently released Statistics Canada data from the 2016 Census.

Students Will Owe $30K by Graduation: Debt Management Critical

Posted: September 08, 2017 By : Knowledge Bureau
Posted in: Strategic Thinking , Debt Management, Tax Planning, Financial Advisor, knowledge bureau, TFSA, RESP, rrsp, education savings, distinguished financial advisor, financial education, professional development, post-secondary education, CE Summit, student debt, student loans, CIBC poll, back-to-school, Marcia Elaschuk, consumer debt, reducing debt, debt solutions

Three-quarters (74 per cent) of Canadian post-secondary students believe they will need to supplement their schooling with more training after graduation, despite already spending on average $14,000 each year and expecting to owe $30,000 in debt by the time they complete their current program.

Budget 2015: What’s in it For You

Posted: April 21, 2015 By: Evelyn Jacks By : Karen Milner
Posted in: Breaking News, Investment & Retirement, Succession & Estate Planning, Tax Planning , TFSA, Budget 2015

How did the Pre-Election Budget help you?

We've included several scenario's in this report to help you consider whether you were a winner.