Making withdrawals annually instead of monthly and drawing down non-registered assets first can help you make the most of the ...

Still, tax advisors suggest that some clients continue to wait to make mandatory minimum withdrawal ...

You can mitigate the OAS clawback through appropriate retirement planning. Talk to a qualified financial planner if needed.

Even in retirement, taxes require vigilance. The CRA isn’t trying to penalize retirees unfairly — but it does expect accurate, honest reporting. Avoid these five red flags, and you’ll reduce your risk ...

Unlock key strategies to help clients maximize their spousal RRSP. Boost retirement income, reduce taxes, and add value to ...

T4RIF slipBox 61 – Account number Enter the account number of the RRIF payer (carrier). The 15-character account number that you use to send the CRA your client's deductions (which appears at the top ...

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A MoneySense reader wants to give money to his spouse to invest. Can he avoid Canada’s income attribution rules?