Income splitting is not an easy strategy to accomplish in Canada. We live in a tax system where every individual must report their personal income and pay tax individually.
Income splitting is a… [more]
Should folks in or nearing retirement buy an annuity? If so, what’s the best time to pull the trigger on that purchase?
Generally, I'm not a big fan of annuities, especially when interest rates a… [more]
Retirement income planning for Canadian non-resident expatriates can be difficult. Let's consider some of the implications of receiving CPP/QPP, OAS, RRSP and pension income in retirement.