Clients often ask, “What happens when I have to RRIF?” While it is not a complicated process, most clients have never worried about what happens…until the time comes when they start to worry about what happens. While you can choose to RRIF sooner, and you should talk to your Certified Financial Planner Professional if thisContinue reading “Registered Retirement Income Fund (RRIF)”
Category Archives: Saving Accounts
Registered Accounts: RRSP vs TFSA
One of the most important financial tools available to Canadians for tax and retirement planning is the Registered Retirement Savings Plan (RRSP). In fact, if you don’t own a business, it is one of the very few ways in Canada to legally shelter or defer tax. On a smaller scale (because of limits) we alsoContinue reading “Registered Accounts: RRSP vs TFSA”
