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? #itpaystoknow #AskMoneySense www.moneysense.ca/columns/ask-...
Many Canadians have questions about how accounts are transferred upon death. Here’s how it works when assets are held jointly with a spouse or with a child. #AskMoneySense #itpaystoknow
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
To have liquidity and reduce taxes, Canadians can move money between registered accounts. But what are the tax, contribution room and other implications? #AskMoneySense #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
What are the tax implications if you resell Taylor Swift tickets? #AskMoneySense #itpaystoknow