All items tagged with: TFSA
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.
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.
Posted in: Breaking News, Investment & Retirement , family income splitting, tfsa contribution
Family income splitting and increased TFSA contribution room to $10,000 are on the horizon for Canadian families, said the Prime Minister last week, as Canada heads towards a small budgetary shortfall in the 2014-2015 fiscal year, as reported on October 6.
Posted in: Breaking News, Tax Planning , tfsa contribution
TFSA holders can withdraw any amount they want from their TFSAs at any time, but as close to 55,000 people found out in warning packages from CRA recently, putting the money back can create a 1% per month penalty if it’s done at the wrong time.
Posted in: Breaking News, Tax Planning , TFSA, RRSP calculator, rrsp
The interest-free loans Canadians give to their governments keeps rising – it’s up from $1646 in the 2012 tax filing year to $1655 in 2013 – that’s $138 a month that could be going into TFSAs or RRSPs instead.
Posted in: Breaking News, Investment & Retirement, Tax Planning , TFSA, rrsp
Are you making choices between investing in a TFSA or an RRSP? Which should come first?