CPP Survivor and Death Benefits Explained
When a CPP contributor dies, their surviving spouse and children may be eligible to collect the following benefits: CPP death benefit CPP survivor’s pension CPP children’s benefit...
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Retirement Planning
How to Save on Taxes By Maximizing Your RRSP Contribution
Updated for 2020 Tax season is again upon us and you can save on your tax bill and get a nice refund by maximizing your Registered Retirement Savings Plan (RRSP) contribution for the 2019 tax year....
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RRSP Withdrawals: What You Need To Know
The Registered Retirement Savings Plan (RRSP) provides Canadians with a practical way to save for their retirement. RRSPs have various rules that govern how they are administered. Generally, you can...
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Is OAS Taxable? What You Need To Know
The Old Age Security (OAS) pension is one of the main sources of retirement income in Canada. Unlike the Canada Pension Plan (CPP) which is a plan you contribute to during your working years, the...
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CPP Payment Dates: How Much CPP Will You Get?
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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What Happens to CPP and OAS Benefits After The Death of a Spouse?
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 OAS and CPP Pension If You Retire Abroad?
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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3 Ways To Use Your RRSP and Other Savvy Retirement Planning Tips
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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16 RRSP and TFSA Mistakes You Should Avoid When Saving For Retirement
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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RRIF or Annuity: Which Is Best For You?
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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