Eleventh hour and still no cash?
With less than a week left before the RRSP contribution deadline of Feb. 29, procrastinators should consider some last-minute contribution strategies that could cut their tax bill come April.
Features
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Borrowing to boost your RRSP
The maximum Registered Retirement Savings Plan deduction limit has increased to $20,000 in 2008. Those with an an income of $111,111 or...
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Best savings plan still an RRSP
Once young families have whittled away debts, except perhaps the mortgage, it is time to consider how to build real wealth. It's a huge...
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Using RRSPs for real estate, higher learning
Saving for education, paying off student loans or buying a home often have higher priorities for younger people than contributing to an...
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Median family RRSP worth $25,000: StatsCan
More than half (60%) of Canadian families have RRSPs which hold a median value of $25,000, according to a Statistics Canada report released...
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RRSPs: Worst mistakes
The dumbest RRSP mistake I have seen made is when people pull money from their RRSP to pay off short-term debt. Unless the full consequences...
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Grandparents being called back to child-raising duty
When many people are planning for retirement, others are once again raising a family. A growing number of Canadians are helping provide...
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RRSP income-splitting strategies
The primary objective of income splitting is to reduce your tax liability as a couple and as a family. Pensioners are now able to split...
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Maximize your RRSP contribution: Tax Clinic video
Tax Expert Jamie Golombek presents his top 10 tips for boosting your tax return. Tip No. 1: Maximize your RSSP contribution, the first ...
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RRSP does not make sense for all
It is borderline heresy to say it in financial circles, especially in February, but a RRSP just might not make any sense.
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Expert advice on fixing the worst RRSP mistakes
We ask our panel of investment experts the worst RRSP mistakes they've seen and what investment rules they never break
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Making early retirement work
John and Veronica, ages 51 and 46, want to give early retirement a valiant try. John retired last year, but Veronica is still employed, ...
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Balancing the RRSP risk
Investors were sent reeling when the subprime mortgage lending debacle in the United States took the market for a nosedive, an event that...
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Top 10 mistakes made with RRSPs
A Registered Retirement Savings Plan is not for everyone, but for those who are considering RRSPs or have them, it pays to head off some...
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How much do you know about RRSP?
As we head into RRSP season again, here are eight key questions to ask to ensure you are on the right track to having what you need in ...
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Save the world and make money
A business consultant who advises clients on energy efficiency and green power, he is steeped in environmental issues, and the values that...
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Year of the Rat bodes ill for markets
Forget about graphs, charts and economic forecasts. Wary investors in Asia are turning to feng shui masters to tell them which way the ...
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Two thirds of seniors fret scamsters will strike
Two-thirds of seniors say they’re worried about becoming victims of fraud, according to a survey done for Justice Canada last year that...
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Poll finds more are investing in RRSPs
Canada's investment industry expects a banner RRSP season this year. A record three in four adults have RRSPs, up from 64% a year ago, ...
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Boomers turn attention to vacation properties
As Baby Boomers look toward retirement, many are investing in real estate, often purchasing vacation properties.
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Employers can pay partial pension
Wealthy Boomer's Jonathan Chevreau recently chatted with the Finance Department about phased retirement:
Columns
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Worry free investing
The financial community has long preached the power of "stocks in the long run" in building retirement savings. Author and finance professor...
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The best 40 years of your life?
Gordon Neufeld, the "retirement missionary" is on the phone, quietly spreading the gospel according to The Best-Half, which he describes...
Tips and Advice
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Roadmap to retirement
Small business owners are working hard building their companies, bringing in profits and putting those profits back into the business.
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Tip for first-time homebuyers
Many first-time homebuyers take advantage of the Home Buyer’s Plan to tap their RRSP savings for down payments.