RRSP

Canadians saving too much? Pardon?

Canadians are saving too much for retirement, according to the report issued by C.D. Howe. You read that right. Not all Canadians, of course—just those who have access to defined benefit pension plans.

By Staff |October 27, 2011

3 min read

Industry

Help clients access RRSP funds and save tax

Any amount withdrawn from an RRSP is taxed like interest income. So, if Howard withdraws $300,000 to make an investment outside the account, he's subject to a 39% tax rate since he's at the highest marginal rate.

By Dean DiSpalatro |October 26, 2011

3 min read

Tax News

Go ahead and tap that RRSP

Conventional wisdom says clients should contribute as much as possible to an RRSP and wait as long as possible to start taking withdrawals.

By Jason Heath |September 12, 2011

3 min read

Industry

Help clients access RRSP funds and save tax

Any amount withdrawn from an RRSP is taxed like interest income. So, if Howard withdraws $300,000 to make an investment outside the account, he’s subject to a 39% tax rate since he’s at the highest marginal rate. - Help clients access RRSP funds and save tax

By Dean DiSpalatro |September 1, 2011

3 min read

Cross-border planning: updated

Given the number of Canadians who vacation in the U.S. each year, as well as those who move between borders for employment or other reasons, it’s important for financial advisors to be aware of the regulatory and income tax issues faced by clients who regularly spend time south of the border.

By Terry Ritchie |September 1, 2011

20 min read

Quebec academic slams tax shelters

Noted Quebec economics professor Léo-Paul Lauzon says the government should abolish the tax shelters for the good of the collective interest of Canada. Chair of Socio-Economics at the University of Quebec at Montreal, Lauzon, well-known for his sometimes scathing pronouncements, has released the findings of a study on the merits of RRSPs TFSA and other […]

3 min read

Improve RRSPs and TFSA: Fraser Institute

Expanding the Canada Pension Plan is a risky proposition that could actually hinder the plan’s performance, according to study released by the Fraser Institute, Canada’s leading public policy think tank. “The Canada Pension Plan is already so large that any expansion of the plan will increase the risk that the manager of the plan’s assets, […]

By Staff |April 14, 2011

1 min read

Litigating a faulty RRSP mortgage

While not common today, it has long been possible to hold your own mortgage within an RRSP. Particularly in a high-interest-rate environment, there is certainly an appeal to feeding high monthly mortgage payments into your own RRSP — rather than to your favourite lending institution.

April 1, 2011

3 min read

RRSP

Canadians saving too much? Pardon?

Help clients access RRSP funds and save tax

Go ahead and tap that RRSP

Help clients access RRSP funds and save tax

Cross-border planning: updated

Does your client hold prohibited investments?

The case for spousal RRSPs

Quebec academic slams tax shelters

Improve RRSPs and TFSA: Fraser Institute

Litigating a faulty RRSP mortgage