RRSPs – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Wed, 17 Apr 2024 19:58:45 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png RRSPs – Investment Executive https://www.investmentexecutive.com 32 32 TFSAs, RRSPs and more could see changes in allowed investments https://www.investmentexecutive.com/news/products/tfsas-rrsps-and-more-could-see-changes-in-allowed-investments/ Wed, 17 Apr 2024 19:08:04 +0000 https://www.investmentexecutive.com/?p=484172 Qualified investments review could lead to lower costs for investors but also restrictions

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]]> Feds boost home buyers plan withdrawal limit to $60,000 https://www.investmentexecutive.com/news/industry-news/feds-boost-home-buyers-plan-withdrawal-limit-to-60000/ Thu, 11 Apr 2024 20:16:14 +0000 https://www.investmentexecutive.com/?p=483632 Expanded HBP, combined with FHSA, could help first-time buyers build down payment faster

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]]> Ensure your client reports all RRSP contributions https://www.investmentexecutive.com/inside-track_/jamie-golombek/ensure-your-client-reports-all-rrsp-contributions/ Wed, 10 Apr 2024 20:05:34 +0000 https://www.investmentexecutive.com/?p=483475 In one case, failure to report resulted in an overcontribution penalty

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]]> Is holding a mortgage in an RRSP a good idea? https://www.investmentexecutive.com/news/industry-news/is-holding-a-mortgage-in-your-rrsp-a-good-idea/ Tue, 19 Mar 2024 16:09:23 +0000 https://www.investmentexecutive.com/?p=482255 Tax rules allow homeowners to hold their mortgage in a registered plan if certain conditions are met

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]]> Tax changes for the 2023 filing season https://www.investmentexecutive.com/news/industry-news/tax-changes-for-the-2023-filing-season/ Thu, 14 Mar 2024 16:01:50 +0000 https://www.investmentexecutive.com/?p=482087 Here's a handy roundup, from home office expenses to house flipping

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]]> What happens if a mutual fund trust loses its status? https://www.investmentexecutive.com/news/products/what-happens-if-a-mutual-fund-trust-loses-its-status/ Tue, 27 Feb 2024 18:40:22 +0000 https://www.investmentexecutive.com/?p=481114 The rare occurrence can affect eligibility for registered plans, but there’s relief for temporary situations

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]]> Mutual funds limp into RRSP season https://www.investmentexecutive.com/news/products/mutual-funds-limp-into-rrsp-season/ Mon, 26 Feb 2024 19:08:36 +0000 https://www.investmentexecutive.com/?p=481073 Fund sales stay negative, while ETF sales hold up and assets rise, IFIC says

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]]> As RRSP deadline approaches, a reminder about tax-free growth https://www.investmentexecutive.com/inside-track_/jamie-golombek/as-rrsp-deadline-approaches-a-reminder-about-tax-free-growth/ Wed, 21 Feb 2024 20:00:09 +0000 https://www.investmentexecutive.com/?p=480790 A hypothetical scenario compares dividend investing inside and outside this registered account

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]]> When your client wants to boost RRSP savings with a loan https://www.investmentexecutive.com/news/industry-news/when-your-client-wants-to-boost-rrsp-savings-with-a-loan/ Thu, 01 Feb 2024 18:02:03 +0000 https://www.investmentexecutive.com/?p=479676 Financial advisors, planners weigh in on the risks of borrowing to invest

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]]> Significant proportion of aging Canadians are financially vulnerable: OSC https://www.investmentexecutive.com/news/research-and-markets/significant-proportion-of-aging-canadians-are-financially-vulnerable-osc/ Wed, 10 Jan 2024 18:25:43 +0000 https://www.investmentexecutive.com/?p=478393 While most retirees believe they are in a financially strong position, about 15% describe their financial position as "poor"

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