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Taxes, RRSPs and You!
A recent media headline marveled at how far TFSAs have come and how they are catching up to RRSPs as a preferred investment vehicle for Canadians. Often however, this choice is made at the expense of contributions to an RRSP.
With the RRSP contribution deadline fast approaching on March 2nd, it is time to take a look at the benefits of using an RRSP, even for many modest income earning...
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Overlooked RRSP Strategies
There are a number of common RRSP strategies that many of us use on a regular basis. These include making regular monthly deposits, borrowing to make RRSP contributions and making contributions at the beginning of the year instead of the end of the year.
Here are some strategies that may get overlooked:
Take advantage of the age credit amount - There are more and more people working well beyond age 65 for...
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Wealth Transfer Tips
Wealth transfer can be a complex process for most families but especially wealthy ones. The range of issues involved can include family values, objectives and relationships; business continuity; investment strategy and insurance, taxes and ownership structures, amongst others. At the same time questions of control, responsibility and timing are raised.
Not surprisingly, most people, including the wealthy, drag their feet when...
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Be mindful. Be grateful. Be positive. Be true. Be kind.
Roy T. Bennett
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Thomas Laube Wealth Advisory
76 Main Street West, Unit 3 - Grimsby, ON L3M 1R6
Ph: (289) 235-9223
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