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 ...

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 ...

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

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

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

Contribution rates (i.e., payroll taxes) have only gone up while the plan's bloated investment arm repeatedly misses its ...

If you’re not among the few who max out their TFSA every January 1, these new year TFSA tips can help you avoid penalties and ...

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

A non-registered account, on the other hand, doesn’t offer any tax advantages: All the investment income is taxable. Still, ...

Here are what some smart Canadians are buying this December! December is a key moment for Canadians to position RRSPs and TFSAs, focusing on quality businesses that combine tax efficiency with ...

Canadian investors can benefit from lower taxes by donating appreciated securities to a registered charity. According to BMO Private Wealth, when you sell an appreciated security, you must pay tax on ...

For single Canadians, the path to retirement can be more challenging without the second income and support a partner can ...