Best Mortgage Online details spousal RRSPs for income splitting, with ~15% of couples using them [Statistics Canada, 2025]. Our 2025 calculator estimates tax savings with expert strategies for attribution rules (3-year hold). Essential for 2025 couple retirement planning [CRA, 2025].
https://bestmortgageonline.ca/registered-retirement-savings-plan-rrsp/
#BestMortgageOnline #RRSP #SpousalRRSP #CanadianFinance #RetirementPlanning #TaxStrategy
RRSPs: Always a good idea?
In my newest #MoneyArchitect blog post, I compare two real-world retirement planning scenarios:
Karen — modest income, living in B.C.
Michael & Sarah — upper-middle income in Ontario
* When RRSPs help
* When they hurt
* When a TFSA might work better.
Read more here: https://moneyarchitect.ca/should-you-max-out-your-rrsp-two-stories-two-different-outcomes/
#RRSP #TFSA #RetirementPlanning #FinancialPlanningCanada #PersonalFinanceCanada #MoneyArchitectFinancialPlanning #TaxPlanning
Hannah’s new tech job pays $85K, but offers no pension benefits, a common reality in her industry. Rather than falling behind, she takes charge by contributing 13% of her income to an RRSP and investing in a target date fund, effectively building her own pension plan.
Learn how you can do the same, even without employer support, in my latest #MoneyArchitectFinancialPlanning blog post. https://moneyarchitect.ca/building-your-own-pension-plan/ #AdviceOnly #FinancialPlanningCanada #RetirementPlanning #RRSP
RRSP to TFSA Grand Jeté
I like to call it a "Grand Jeté"—that elegant leap from an RRSP to a TFSA. It's not a ballet move in the financial world, but it sure feels like one when executed well.
#TFSA #RRSP
https://www.canajunfinances.com/2014/11/26/rrsp-to-tfsa-grand-jete/
Another thing you might want to think about? I just spoke to my dad, he's 73, a widower, and spent an hour at the bank making sure his #RRSP 's were not in any way tied up in #American investments, and more in #Canadians. There are few people I respect more than that man.
Something to think about.
RE: https://bsky.app/profile/did:plc:serlxfuuco5zwtgjbezfqib5/post/3lklvwh2yzk2b
Video: My Brand New Shiny RRSP Portfolio
I take you on my #journey to getting a brand new shiny #RRSP #portfolio. I choose the #wealthsimple #brokerage, sell my #mutualfunds, and share what #assets I am buying, specifically #index #ETFs covering the #TSX, #SP500, #developed #markets and #emerging #markets. I also get #smallcap #stock #ETF, a #technology ETF and a #bond fund as a #piggybank. The #CanadianMoneyTalk channel concentrates on #Canadianinvesting and…
http://canadianmoneytalk.ca/2025/03/16/video-my-brand-new-shiny-rrsp-portfolio/
Video: Canadian Taxation on Investments
I had a viewer question about #tax #rates on #Canadian vs. #foreign #dividends and which #account #minimizes tax #withholding on foreign dividends (#RRSP vs. #TFSA vs. #non-registered or #cash accounts), as well as the rates at which various #dividend #income is taxed. The video covers the entire Canadian #taxation system for context, and answers the question for tax #efficiency. The #CanadianMoneyTalk channel concentrates on…
http://canadianmoneytalk.ca/2025/02/16/video-canadian-taxation-on-investments/
RRSP Rebalance Season
Does that season exist any more? Who cares about #RRSP season?
Given it is that time of the year again, you are looking at your RRSPs, so maybe it is time to rebalance those accounts? Especially if they are Index Funds.
#RRSP #Rebalance #TFSA #Portfolio
https://www.canajunfinances.com/rrsp-rebalance-season/
TFSA or RRSP is a question many folks ask, but both have their place in your financial plans. TFSA seems to be the first thing to max out, but the RRSP has it's uses too. Remember a TFSA is not only a Savings Account!
An older article which I have updated
#TFSA #Archive #RRSP #TaxDeferral #Finance #Savings
Video: How to Max out your RRSP contribution
The video discusses the #RRSPGrossup #strategy, a way to maximize #RRSP contributions using a #RRSPloan, #investing to reduce #taxes. The #CanadianMoneyTalk channel concentrates on #Canadianinvesting and #personalfinance in Canada. Visit: www.canadianmoneytalk.caThe Investing & Personal Finance Basics course is at Advanced Investing: Stock Analysis Course is at
http://canadianmoneytalk.ca/2025/01/18/video-how-to-max-out-your-rrsp-contribution/
Quick Financial Thoughts
Why is the #TFSA misnamed? What else is the #RRSP? These and other quick responses.
#FinancialLiteracy #Canada #Spending #Money
https://www.canajunfinances.com/2021/01/17/quick-financial-thoughts/
RBC, Scotiabank, Tangerine, Bank of Montreal, CIBC, Simplii, TD Bank...
You know what they have in common? They invest your money in genocide! Which is a bad thing, of course.
You know who doesn't? Credit unions.
https://canadascreditunions.ca/find-a-credit-union
source: https://communityactionforpalestine.com
#RBC #Scotiabank #Tangerine #BankOfMontreal #CIBC #Simplii #TDBank #Canada #investing #divest #Palestine #genocide #PersonalFinanceCanada #TFSA #RRSP #FHSA
How Do I Retire at 35 ?
I can't, I am too old, but you can. #FIRE seems to be a big thing, retirement is a perspective on life, really. You can #retire at any age, depending on what kind of lifestyle that you want.
#Retirement #RRSP
https://www.canajunfinances.com/2013/05/14/how-do-i-retire-at-35/
RRSP deadline: Some experts say it’s best to ‘think twice’ before contributing
The deadline to contribute to the registered retirement savings plan (RRSP) is coming up, but a new option to lower taxable income while saving for a home complicates the decision.
#globalnews #Money #2023taxseason #FHSA #RRSP
https://globalnews.ca/news/10278751/rrsp-deadline-feb-29-2024/
RRSP deadline: Some experts say it’s best to ‘think twice’ before contributing
The deadline to contribute to the registered retirement savings plan (RRSP) is coming up, but a new option to lower taxable income while saving for a home complicates the decision.
#globalnews #Money #2023taxseason #FHSA #RRSP
https://globalnews.ca/news/10278751/rrsp-deadline-feb-29-2024/
Online course: Four steps to a worry-free retirement for Canadians
I'm promoting this without doing the course myself, but I think it would be worthwhile. Cost is $500. It's been reviewed very positively by some well-known personal finance writers.
