Winter is ending.
The courts have ordered proceeds to be paid to someone other than the designated beneficiary.
In 2015, two things happened to make advisors ponder what RRIF income strategy is best for clients.
It’s been a busy year on the tax front, and we’ve kept tabs on the government’s every move. Here are 2015’s biggest stories.
Our runner-up financial term of the year is RRIF.
Lower minimums may mean lower benefit distributions.
The 2015 federal budget’s reduction of the mandatory minimum withdrawals from RRIFs and similar tax-deferred accounts will reduce the risk that many Canadians will outlive their savings.
While industry experts agree the move is a victory, it’s a small one at that. Find out why.
The Investment Industry Association of Canada (IIAC) is coming down strongly in favour of measures announced in yesterday’s federal budget, particularly the increase in the TFSA contribution limit and the reduction to RRIF minimum withdrawal amounts.
The federal government balanced the books in 2015, but Finance Minister Joe Oliver’s first budget still contains some gifts that will play well with your clients.