A locked-in retirement account (LIRA) is designed to hold pension funds that you have accumulated in a company pension (defined benefit or defined contribution) when you no longer work for the...
Read More
Planning and organizing your retirement is one of the most rewarding tasks you can do for yourself. Starting early and not waiting until your last day on the job, ensuring you have the required...
Read More
Previously, I wrote about federal government retirement benefits available to seniors in Canada. In this follow-up article, I summarize the provincial retirement benefits (income) that seniors have...
Read More
We are lucky as Canadians to have access to a variety of tax-sheltered accounts (including RRSP and TFSA) that we can use to grow our retirement pots and/or save in general. Deciding between TFSAs...
Read More
There are a number of federal and provincial programs that complement other sources of income seniors have in retirement. When it comes to how much you will need to retire comfortably, there is no...
Read More
The RRSP which in full reads as “Registered Retirement Savings Plan” is a sheltered account provided by the government to Canadians to help them save for retirement. The RRSP has been...
Read More
