I started by saying that I assume he had fully maxed out his RRSP contributions, at which point he interrupted me, and said, emphatically, “I don’t believe in RRSPs.” I was dumbfounded. Didn’t believe ...

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 ...

The Guaranteed Income Supplement (GIS) is a vital financial lifeline for Canadian seniors living on modest incomes. It boosts ...

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

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, ...

Kelvin and Rosita have been successful in raising their four children and in building financial independence, Mr. MacKenzie ...

Morningstar’s new analysis suggests retirees can start with one withdrawal rate and adjust for inflation, but taxes, fees, ...

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

January 2026 gives you fresh TFSA room, and Brookfield can be a straightforward “core compounder” idea if you’re willing to ...

As a refresher, within a TFSA, you have the flexibility to invest in similar securities as you would in your Registered ...