by Admin | Jun 10, 2024 | Financial Advice & Investing, Personal Finance |
A Family RESP offers you a flexible way to save for multiple children’s education in one account, making contributions simpler and potentially maximizing government grants. You can tailor funds to each child’s educational needs, and investment growth is...
by Admin | Jun 10, 2024 | Financial Advice & Investing, Personal Finance |
To reduce the tax on your severance pay in Canada, consider a few key strategies. Contributing to your RRSP can lower your taxable income, and spreading payments over several years may keep you in a lower tax bracket. Opting for salary continuance rather than a lump...
by Admin | Jun 10, 2024 | Financial Advice & Investing, Personal Finance |
Yes, RRIF income affects your GIS benefits because RRIF withdrawals count as taxable income. The more you withdraw from your RRIF, the less you’ll receive from the GIS, since GIS benefits decrease as your taxable income increases. To minimize this impact,...
by myuniversitymoney | Mar 24, 2024 | Financial Advice & Investing, Personal Finance |
In a world where you can trust things to a lesser and lesser extent with AI overtaking humans in so many areas simultaneously, it’s really reassuring to look at videos. While AI can write almost as well as humans, it cannot (YET) produce the human touch that you...
by Admin | Mar 6, 2024 | Banking, Personal Finance |
Mortgage portability is a handy feature you might not even know you have! It’s the ability to transfer your current mortgage—with its existing rate and terms—from your old home to your new abode. Think of it as packing up not just your belongings but your loan...
by Admin | Mar 6, 2024 | Financial Advice & Investing, Online and Software, Robo Advisors |
In recent years, robo-advisors have significantly evolved, becoming a cornerstone of the fintech revolution. Today’s robo-advisors are not just digital; they are increasingly intelligent, leveraging advanced artificial intelligence (AI) and machine learning to...
by Kyle | Mar 6, 2024 | Financial Advice & Investing, Personal Finance, Robo Advisors, Stocks |
Unless you have a very high level of confidence in your money-management skills, chances are that you are using the services of some type of professional money manager for your retirement and pension accounts. While online brokerage accounts, mutual fund operators...
by Admin | Oct 31, 2023 | Financial Advice & Investing |
Homeownership involves various methods of possession, two of which include joint tenancy and tenancy in common. These options dictate what will happen to a property upon the owner’s death and the extent of ownership each holder has. Overview of joint tenants vs...
