Canadians must begin taking RRIF withdrawals the year after converting an RRSP. What happens if you convert only part of an RRSP, and which withdrawal strategy may be the most tax-efficient? #AskMoneySense #AskAPlanner #itpaystoknow
Here’s a primer for Canadians planning for the tax payable on a non-registered account at death, including capital gains and probate tax. #itpaystoknow #AskMoneySense #AskaPlanner
You may be able to get some tax relief when the stock of a company you hold goes bankrupt. But it depends on the type of stock, the account and more. #AskMoneySense #AskAPlanner #taxes #capitalloss
Would swapping a house for cash from a corporation save on taxes? And is this tactic worth it in the long run? #AskMoneySense #AskAPlanner #realestate #taxes #itpaystoknow
"Buying internationally may come with costs, including higher commissions, foreign exchange costs and taxes, which reduce an investor’s return. So, it’s important to understand these costs and plan for them." #AskAPlanner #DIYInvesting #stocktrading www.moneysense.ca/columns/ask-...