The penalty for overcontributing to an RRSP is one per cent per month for each month the overcontribution (beyond a $2,000 ...

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

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

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 ...

Falling oil prices led to the pullback that occurred through much of last year and into 2025. West Texas Intermediate (WTI) ...

Julian and his family used to live in a “tiny” two-bedroom, one-bathroom house they bought for $240,000, but after the ...

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

A MoneySense reader wants input on the tax implications of her investment withdrawals, but she can’t get a straight answer ...

Jake and Wanda, both in their mid-40s, have two children, a mortgage-free house, a rental condominium and $2.5-million in ...

In today’s economy, with rising costs and uncertainty, retirement income planning has become more critical than ever.