Early withdrawals from your 401(k) may ease today’s cash crunch, but taxes, penalties, and lost compound gains can cost you ...

Key Takeaways TFSAs allow Canadians to earn investment income tax-free, which can significantly accelerate long-term growth.

If you have a roughly equal split of stocks and bonds, you may be safe to follow the 4% rule, which has you withdrawing 4% of your nest egg your first year of retirement and adjusting subsequent ...

Saving for your future in Canada means choosing between two accounts with distinct benefits. Registered Retirement Savings ...

If you hold Fortis Inc (TSX:FTS) stock in a TFSA, you might earn enough dividends to cover part of your retirement expenses.

A recent BMO survey found 38 per cent of Canadians dip into their RRSPs early for one reason or another. If holiday debt has you eyeing your RRSP savings it’s important to know that early withdrawals ...

As we can see, the value of non-registered investment ($2,083) after-tax, is worth less than the value of the RRSP ($2,100), meaning your RRSP has effectively given you a tax-free return of $100 (five ...

January is the perfect time to sanity-check your RRSP at 70, because the “typical” balance is closer to the median than the ...