by Rona Birenbaum BAS CFP®, CHFS | Feb 19, 2019 | All About Tax, Cash Flow Concerns, Estate Matters, Retirement
If you belong to a defined benefit pension plan, you will eventually need to make a choice between: Guaranteed monthly payments from your employer and A lump sum, or “commuted value”, that you invest to provide a retirement income stream. In the first case, the risk...
by Morgan Ulmer CFP® | Feb 11, 2019 | All About Investing, All About Tax
Morgan Ulmer, CFP® Certified Financial Planner® professional Morgan joined the team in February, 2019 with 8 years of financial planning and financial literacy training under her belt. She is as comfortable working on complex financial planning engagements as she is...
by Rona Birenbaum BAS CFP®, CHFS | Oct 17, 2018 | All About Tax
Whether you keep your tax records in a fireproof safe on the second floor, stacked up beside the microwave, or in five coloured folders in your home office… deciding which ones to keep and which to discard can be stressful and time-consuming. The golden rule? Hold on...
by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
First – why do you think you’ve over-contributed? Is it because your account value exceeds the accrued contribution limit? Only your deposits are considered as contributions to your TFSA – not your earned returns on the money you put in. Boring Betty and...
by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
As I write, in 2018, the Tax-Free Savings Account (TFSA) program is ten years old. And what a fine ten-year-old it is! Who doesn’t love being able to set money aside tax-free, for a lifetime? Not to mention, any amount contributed, as well as any income earned in the...
by Rona Birenbaum BAS CFP®, CHFS | Jan 9, 2018 | All About Investing, All About Tax, Retirement
Time flies when you’re saving money. Lo and behold, you are turning 71 which is the deadline for converting your Registered Retirement Savings Plan (RRSP) into a Registered Retirement Income Fund (RRIF). A portfolio strategy suitable for accumulating a retirement...
