Post Tagged with: "taxes"

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Financial Fitness: Estate planning isn’t just about dollars and cents

When people hear the words “estate planning,” they often assume it’s an activity only for retirees or near-retirees, but if you have a family, it’s never too soon to create your estate plan. Estate planning can seem like a daunting task, but you’ll find it easier to handle if you […]

If you're looking for a flexible savings vehicle, take another look at the tax-free savings account. (Image by damianosullivan)

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 Unlike an RRSP, you can access the money in your TFSA with no tax consequences for any need, and the amounts withdrawn are added to your contribution limit amount in […]