Understanding your Notice of Assessment – RRSP Deduction Limit

January 22, 2020 |Wendy Chung

Do you understand your RRSP contribution limit? Have you every run into over-contribution of your RRSPs?

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TFSA vs RRSP (Or Both...)

December 31, 2020 |Wendy Chung
The new year has arrived, and you have TFSA contribution room of $6000 per person. This is also the season that we get the question about - Should I make a TFSA or RRSP contribution? The "right" answer is: IT DEPENDS. It depends on your personal life...
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10 Financial Checklist to Kick-Off Your 2020

December 31, 2020 |Wendy Chung
Many of us go through an annual ritual of setting resolutions. Improving health is usually high on many people’s lists — lose weight, exercise and eat healthier. However, we want to also make sure 2020 is the year that you improve your FINANCIAL WELLBEING...
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Your Financial & Tax Planning Calendar

Your Financial & Tax Planning Calendar

December 31, 2020 |Wendy Chung
We concur with Mr. Franklin when it comes to organization... Being organized with your money especially will literally earn you more $. And there is nothing better than feeling organized at the beginning of the year. As we kick off 2020, we would like...
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How AI and robotics making inroads in all corners of the health care sector?

December 08, 2019 |Wendy Chung
In the world of investments, the popular dinner and cocktail party discussions are often about growth oriented firms. This is particularly true with the hottest and sexiest tech firms that accelerates global changed. Disruptive innovations such as artificial...
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Do you understand your investment returns? Decoding Mutual Fund Distribution & Investment Return

December 06, 2019 |Wendy Chung
Every year it is like clockwork... Around end of December, any mutual fund positions in a portfolio, there will be Year End Distribution. Once this happens (usually towards latter half of December), we get questions from (mainly new) clients asking how...
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Thinking about 2020?... TFSA Contribution Room stays at $6000

November 30, 2019 |Wendy Chung
Perhaps it is a little too early to talk about 2020, since holiday season just got started (or at least that is what I want to tell myself). This week the CRA has published their 2020 "Indexation adjustment for personal income tax and benefit amounts"...
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What is it like to work on “The Squad” team?

November 30, 2019 |Wendy Chung
Our “work son” Filip celebrated his one year at RBC Wealth Management. Sometimes we wonder what he thinks about working with us as a team... I guess the picture depicts Filip's sentiment... This picture was taken at the Christmas Brunch by Rami and Candace...
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It's that time of the year again... Year End Tax Planning!

November 12, 2019 |Wendy Chung

As the year end is around the corner, it’s that time of year… Christmas carols, shopping bonanza, and our team’s favourite topic – Year End Tax Planning!

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The Wealthy Barber on why a DIY approach for executors is often unwise

August 02, 2019 |Wendy Chung
“Being an executor is a huge responsibility and frequently involves a tremendous amount of time and stress. Why not get help?” Read full article One of Canada’s best known and trusted voices in personal finance, David Chilton shares the benefits of using...
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