Financial Fitness: RRSP or TFSA: Which is the best option?
If you have some extra cash available, let’s summarize the pros and cons of each option.
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Financial Fitness: It’s time for your checkup
December is a great time for a year-end financial checkup. It is also the perfect time to meet with your financial adviser to discuss your current and future financial goals. In addition to making sure you don’t miss any investment opportunities before 2013 wraps up, your adviser can work with […]
Columnists
Financial Fitness: What the heck is an annuity anyway?
When it comes to retirement income, registered retirement income funds (RRIFs) are by far the most popular choice for Canadians. About 80 per cent of us convert our registered retirement savings plans (RRSPs) to RRIFs. But while RRIFs are suitable for most retirees, they aren’t for everybody. For some, an […]
Columnists
TFSAs are a more flexible savings choice
The tax-free savings account, or TFSA, is frequently called “a registered retirement savings plan (RRSP) for everything else beyond retirement.” Unlike an RRSP, you can access the money in your TFSA with no tax consequences for any need, and the amounts withdrawn are added to your contribution limit amount in […]
Columnists
Financial Fitness: Eco-friendly investing encompasses more than the greenback
BY DEBORAH LEAHY If you’re concerned about social and ethical issues, why not speak out with your investment portfolio? Through socially responsible investing, your portfolio can reflect your values. As an investor, you can support businesses that are doing their part to make the world a better place. Socially responsible […]
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