All items tagged with: rrsp
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.
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.
Posted in: Strategic Thinking , Retirement, Tax Planning, self-employed, knowledge bureau, statistics canada, Evelyn Jacks, income tax estimator, retirement planning, rrsp, knowledge bureau calculators, income splitting, tax education, financial education, RRIF, tax benefits, retirement statistics, retirement in Canada, Labour Force Survey, public sector employees, private sector employees, retirement age, self-employed women, income sprinkling, Canadian Controlled Private Corporations, Retirement Pension Plans, RRPs
Nearly four in 10 (38 per cent) Canadians age 55 or older — and 14 per cent of those 65 or older — participated in the labour force last year, the highest participation rates among older Canadians since the collection of comparable Statistics Canada data began in 1976. But who exactly are these stalwart workers, and at what age are they retiring?
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, 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 , RRSP contribution
Don’t forget the RRSP contribution deadline of March 3, to maximize your 2013 RRSP deduction and reduce net and taxable income.