What is Estate Planning? Estate planning is the process of planning what will happen to your assets at the time of your death. Estate planning is not always an easy topic to deal with, but having a thought-out plan in place is important for not only you but your beneficiaries. Every adult should have an […]
The Registered Retirement Savings Plan (RRSP) was introduced in the 1950s as a means for Canadians to save for retirement. Since that time, the RRSP has become a staple of retirement savings largely because of the tax-deferral opportunities it provides. Given that tax-efficiency continues to be a key factor in the accumulation of savings, the […]
Things you might not know about Tax Free Savings Accounts (TFSAs), but should TFSAs have become a popular savings vehicle. While millions of Canadians have opened a TFSA, many are still making mistakes or missing opportunities that are costing them money. As a recap, a TFSA is a flexible, general purpose savings account that allows […]