The Federal government generally recommends that Canadians take CPP benefits at age 65 or later, as doing so maximizes cumulative lifetime benefits. Taking CPP benefits is one of those rare ...

I’m 58 years old, single and simply over the daily grind. I've got $970K stashed in my RRSP — can I retire today? You’ve hit ...

The CRA officer denied his second request for relief, concluding that the taxpayer’s misinterpretation of his RRSP deduction ...

The answer to when you can safely retire depends on several factors specific to an individual’s unique circumstances ...

Lenders with look at a range of factors when deciding whether to underwrite a mortgage for a person with no regular ...

Looking for the best RRSP rates in Canada? Learn how you can guide your clients to smarter savings and stronger long-term ...

Best RRSP savings accounts EQ Bank RSP Savings Account*. At 1.75%, EQ Bank offers one of the highest interest rates available on an RRSP savings account in Canada.

The Home Buyers’ Plan allows first time home buyers to use a portion of the money they’ve contributed toward their RRSP for a ...

The RRSP itself has been used as a tool for prospective buyers to save up for the purchase of a home thanks to the Home Buyers’ Plan, which allows Canadians to withdraw up to $35,000 from their ...

RRSP Vs. RRIF: What’s the Difference? RRSPs and RRIFs have some similarities. Both are tax-deferred retirement accounts and allow you to assign beneficiaries, you must pay withholding tax on ...

The answer lies, again, in the tax structure. When you put money into a TFSA, you do not receive a tax credit. But you do with an RRSP, and when you use it correctly, this credit can be a powerful ...