Advisor to Client: Converting your RRSP into a RRIF is more than just a financial shift, experts say
Sandra Abdool, a regional financial planning consultant at RBC, says having money outside of your RRIF can help you avoid making big withdrawals and facing a large tax hit if you suddenly find ...
Frank can avoid probate on his RRIF and TFSA by listing his two children as 50/50 beneficiaries, Rempel said. “His estate ...
Rosemary* turned 71 this summer and knows she has to convert her registered retirement savings plans (RRSPs) into registered retirement income funds (RRIFs), but isn’t sure how to do so and what the ...
The Liberals held on to power in the recent federal election, and this has tax implications for Canada’s seniors and other taxpayers—in particular, for retirees and their strategies for their ...
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