The Canada Pension Plan (CPP) is one of the three main sources of retirement income for seniors in Canada. CPP payments are made on a monthly basis and are paid out through direct deposit to your...
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Discussing pension payments after death and the benefits that survivors can expect is a morbid subject matter but one that is really important. I know this because it is a question that readers...
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What happens to your pension benefits if you decide to relocate or retire outside of Canada? The reality is that an increasing number of Canadians are choosing warmer climes and destinations with a...
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A Registered Retirement Savings Plan is one of the principal investment vehicles Canadians use to set money aside for retirement. In addition to retirement, you can also use funds in an RRSP account...
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The RRSP is generally well known as the best investment account to save for retirement in Canada. The TFSA is a close second. In addition to planning for retirement, the RRSP has other uses...
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This is a sponsored post by Sun Life Financial. All views and opinions expressed represent my own. The registered retirement income fund (RRIF) and annuity are two of the most popular...
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When you are turning 65 or getting to the ripe golden age of 71, there are several financial steps you should be taking to put your retirement finances in order. Age 65 is the standard age often...
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Updated for 2019! The Guaranteed Income Supplement (GIS), Allowance, and Allowance for the survivor are additional income-tested benefits available to low-income seniors through Old Age...
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The Old Age Security (OAS) pension is one of the three main pillars of Canada’s retirement income system. The two other pillars are the Canada Pension Plan (CPP) and Employment Pension...
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The Home Buyers’ Plan allows first-time homeowners to withdraw money from their Registered Retirement Savings Plan (RRSP) and put it towards their home purchase. As an individual, you can...
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