Almost three in 10 won't contribute this year
Investors urged to adopt military principles
But clients must be aware that there are several conditions if the assets are to be protected in the case of bankruptcy
Advisors should be aware of new tax-free savings accounts, as well as new RRSP and RRIF rules
Even with pension income-splitting available, a spousal RRSP allows couples to fine-tune their incomes in retirement
No cash, but lots of contribution room? Clients can move certain investments into their RRSPs
Clients can take advantage of the Homebuyers’ Plan and the Lifelong Learning Plan
Halloween is over, but many Canadians remain spooked about adding to their RRSPs this season.If any of your clients fall into that category, you can help by reminding them that contributing regularly to RRSPs and other savings programs — regardless of market turbulence — is crucial to achieving financial security in retirement. As Investment Executive […]
Largest increase found in Saskatchewan
The majority of Canadians will not make any changes to their RRSP contribution amount this year, according to a new poll commissioned by Edward Jones.The poll found that 66% of respondents will not change their RRSP savings plans.Only 8% of Canadians have or plan to decrease their contributions, while 3% have or plan to increase […]