Tax-saving benefits of asset location
Asset location is a tax minimizing strategy that involves finding the most tax-effective accounts for your investments. Unfortunately, too many investors fail to tax plan. In my experience, the number of people who pay more income tax than they have to is as high as 90 per cent. Many of those same people wish there […]
RRSP contribution season – it’s that time of year again
We are nearing the end of the RRSP season where Canadians flock to their financial advisor or financial outlet and make an annual contribution to their Registered Retirement Savings Plan. This multi-decade ritual seems to be changing. But first let’s review the basics. An RRSP allows a Canadian to contribute an annual amount based on […]
