RRSP – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Mon, 17 Jul 2023 21:17:56 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png RRSP – Advisor's Edge https://phoenix.advisor.ca 32 32 Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals https://phoenix.advisor.ca/tax/tax-news/why-clients-with-large-rrsps-and-rrifs-might-benefit-from-earlier-withdrawals/ Tue, 11 Jul 2023 19:23:27 +0000 https://www.advisor.ca/?p=228375 Strategic withdrawals allow clients to smooth out their income levels over retirement

The post Why clients with large RRSPs and RRIFs might benefit from earlier withdrawals appeared first on Advisor's Edge.

]]>
Finance tables report reconsidering RRIF minimum withdrawal rates https://phoenix.advisor.ca/tax/tax-news/finance-tables-report-reconsidering-rrif-minimum-withdrawal-rates/ Thu, 22 Jun 2023 14:28:48 +0000 https://www.advisor.ca/?p=227039 Study examines whether assumptions that underlie RRIF withdrawal factors are still appropriate

The post Finance tables report reconsidering RRIF minimum withdrawal rates appeared first on Advisor's Edge.

]]>
Tips for helping children buy a home https://phoenix.advisor.ca/tax/tax-news/tips-for-helping-children-buy-a-home-2/ Mon, 12 Jun 2023 20:00:19 +0000 https://www.advisor.ca/?p=226527 Strategies to minimize tax implications, including the FHSA

The post Tips for helping children buy a home appeared first on Advisor's Edge.

]]>
Government tables second budget implementation bill https://phoenix.advisor.ca/tax/tax-news/government-tables-second-budget-implementation-bill/ Fri, 21 Apr 2023 19:34:26 +0000 https://www.advisor.ca/?p=224593 Changes to RESPs and RDSPs are included in the legislation, as well as leeway to increase the CDIC limit

The post Government tables second budget implementation bill appeared first on Advisor's Edge.

]]>
Industry groups call for changes to RRIF rules https://phoenix.advisor.ca/retirement/retirement-news/industry-groups-call-for-changes-to-rrif-rules/ Mon, 13 Mar 2023 20:58:57 +0000 https://www.advisor.ca/?p=222814 The Finance Department is studying RRIFs in response to a House of Commons motion

The post Industry groups call for changes to RRIF rules appeared first on Advisor's Edge.

]]>
Increase in RRSP contributions expected in 2023: survey https://phoenix.advisor.ca/news/economic/increase-in-rrsp-contributions-expected-in-2023-survey/ Mon, 13 Feb 2023 21:23:36 +0000 https://www.advisor.ca/?p=221813 Of those contributing, almost one-quarter plan to use the maximum amount

The post Increase in RRSP contributions expected in 2023: survey appeared first on Advisor's Edge.

]]>
Canadians now expect to need $1.7M in order to retire, finds survey https://phoenix.advisor.ca/retirement/retirement-news/canadians-now-expect-to-need-1-7m-in-order-to-retire-survey/ Tue, 07 Feb 2023 16:48:21 +0000 https://www.advisor.ca/?p=221585 Heading into RRSP season, many investors are shying away from markets

The post Canadians now expect to need $1.7M in order to retire, finds survey appeared first on Advisor's Edge.

]]>
Retirement planning myths and misconceptions persist: IG Wealth https://phoenix.advisor.ca/retirement/retirement-news/retirement-planning-myths-and-misconceptions-persist-ig-wealth/ Wed, 01 Feb 2023 15:55:26 +0000 https://www.advisor.ca/?p=221406 Nearly half of Canadians think they will be able to retire comfortably by just investing in an RRSP

The post Retirement planning myths and misconceptions persist: IG Wealth appeared first on Advisor's Edge.

]]>
Tax-loss selling and other year-end tips https://phoenix.advisor.ca/tax/tax-news/tax-loss-selling-and-other-year-end-tips/ Tue, 13 Dec 2022 21:30:21 +0000 https://www.advisor.ca/?p=218438 Jamie Golombek reviews the strategies

The post Tax-loss selling and other year-end tips appeared first on Advisor's Edge.

]]>
Essential tax numbers: updated for 2023 https://phoenix.advisor.ca/tax/tax-news/essential-tax-numbers-updated-for-2023/ Fri, 18 Nov 2022 14:36:34 +0000 https://www.advisor.ca/?p=216715 Use this handy list of tax numbers as a quick reference

The post Essential tax numbers: updated for 2023 appeared first on Advisor's Edge.

]]>