Category: Uncategorized
Do RRIF beneficiaries pay tax?
Essentially, a beneficiary may be on the hook for the tax payable if there is not enough money left in the estate. This could apply if a RRSP or RRIF is the primary or...
What is growth investing?
The massive success of large cap growth stocks over the last decade is surprising, when you consider the abundance of academic evidence that supports stronger returns from small cap value stocks. The Fama-French five-factor...
Reasons to consider early RRSP and RRIF withdrawals
However, as an RRSP account continues to grow, so too does the tax liability on the withdrawals. Those with large RRSPs may be forced to take withdrawals that exceed their cash flow requirements, which...
What is a mortgage broker?
Get the mortgage rate that works for you.Find the best rate for you in under 2 minutes at ratehub.ca. Let’s get started.You will be leaving MoneySense. Just close the tab to return. First, let’s...
Video: How to split an inheritance
MoneySense is a digital magazine and financial media website. Journalists and qualified financial professionals produce the content. MoneySense’s goal is to provide the most relevant and up-to-date information as possible but, with all things...