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Moving to Canada with a U.S. Roth Individual Retirement Arrangement (Roth IRA) could result in negative tax implications if you don’t plan ahead. This article provides general information for Canadian residents about the U.S. and Canadian tax treatment...

If you are receiving eligible pension income, you may be entitled to claim both a federal and a provincial/territorial tax credit. This article addresses the types of pension income that qualify for the tax credit and what to consider if you would like...

After years of contributing to the Canada Pension Plan (CPP), you may wonder how this plan will help you in retirement. This article examines how the CPP retirement pension works, your options for taking the pension and the implications of your choices...

For many, the end of the year puts a greater focus on tax planning. However, there are some areas of tax planning that often get overlooked, and may only be made available early in the new year. For a few examples, click the link. For more information...

Many are aware that in the year you turn 71 you must convert your RRSP to a RRIF. However, not as many are aware of the potential to use RRSP room generated during that final year. Click the link to find out how. As always, reach out for even more details!...

Very few enjoy paying tax. What can be even worse is being told you need to pay tax installments as a result of insufficient withholding tax. To learn how it works and the conditions where you are required to make tax installments, click the link. For...

Many families have the opportunity to shift certain types of retirement income to a spouse who's taxed at a lower rate. This articles summarizes these rules, for a more detailed look at your situation, please reach out. Click Here

You have been saving all your life and it's time to withdraw from your Registered Retirement Savings Plan (RRSP). The first step is generally to convert it to a Registered Retirement Income Fund (RRIF). From there, you will than have minimum withdrawals...

What happens to your employer pension plan when you leave your current employer? Typically, you will have a few different options to consider. This article walks through some of the considerations. For more information on what is best for your specific...