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Changes to RESPs and RDSPs, caps on payday loans and leeway to increase the CDIC limit are all law now

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Study argues for providing Canadians more retirement savings room, allowing OAS/CPP deferral after 70

House of Commons in Ottawa

Study examines whether assumptions that underlie RRIF withdrawal factors are still appropriate

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Department of Finance will wrap up its study in June

Elder couple planning

Financial planners must consider the complexity of client circumstances, according to research from FP Canada's foundation

Current RRIF minimum withdrawal rules put seniors at risk of outliving their savings

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The Finance Department is studying RRIFs in response to a House of Commons motion

US Gates are at Pearson Airport in Toronto

In many cases, doing nothing is the best option

Man sitting in front of computer holding his face in frustration

The proposed regime will allow the CRA to identify accounts that have grown significantly

Let clients know about available assistance

  • By: IE Staff
  • December 22, 2020 December 22, 2020
  • 11:00