The new year brings some notable increases in savings and pension plan limits from the Canada Revenue Agency (CRA) - and a ...
The government has also adjusted federal tax brackets using a 2-per-cent inflation rate. The 2026 federal tax brackets are: ...
Use these tips to talk TFSAs, RRSPs and FHSAs in the new year A new year means new contribution room for eligible taxpayers ...
Fewer Canadians contributed to registered retirement savings plans (RRSPs) in 2022 compared to the previous year, according to a report from Statistics Canada (StatCan). A total of 6,268,950 Canadians ...
The RRSP deduction limit for 2026 has increased, giving Canadians more room to save for retirement while reducing their ...
Did you know that there are 5.9 million RRSPs in Canada? It’s true. The way we know it’s true is the data comes from Statistics Canada, the agency responsible for aggregating and presenting Canada’s ...
January is the perfect time to sanity-check your RRSP at 70, because the “typical” balance is closer to the median than the ...
The average 35-year-old Canadian has little invested in RRSPs, but even a small RRSP balance can go a long way when invested in dividend stocks like Fortis Inc (TSX:FTS). Are you 35 years old and ...
The rise of the TFSA has pretty much killed RRSP season. You can contribute to a registered retirement savings plan in the first 60 days of the year and have it count toward the previous year’s taxes.
So, I'm an American who moved to Canada for a job a little over 6 months ago. I'm here on a work visa that I'm planning on renewing later this year, my citizenship is American. It's my first real job ...
Did you know that there’s a deadline for withdrawing funds from your Registered Retirement Savings Plan (RRSP)? It’s true. No later than your 71st birthday, you must convert your RRSP to a Registered ...