The Conservative government is thinking of offering voluntary CPP expansion as a way to help Canadians save for retirement. Is this the answer to Canada’s savings shortfall? Read on to learn more.
Should I pay off my mortgage or contribute to my RRSP? How can I access my funds with minimum taxation? Is it a good year to put money towards retirement? Read on for answers to your top RRSP questions.
RRSPs are a great way to save tax-free for retirement – and RRIFs are meant to be a way to provide income steadily through the golden years. However, with seniors living longer than ever, it’s argued that existing RRIF withdrawal rules pose the risk of running out of money.