Beat the 2021 RRSP Deadline
Over the last few weeks, there have been several stories in the news about the rising cost of living and the potential of interest rates also increasing in the coming year. Instead of allowing this news to worry us, there are good money managing habits that we can adopt now to try to stay [...]
As the holidays come to a close and a new year starts, so to does RRSP season. Here are some of the articles we’ve posted to the website this year with useful tips on how to contribute more to your retirement savings: Overcoming Retirement Saving Hurdles RRSP 101: Quick FAQs about Individual and Group [...]
Summary for November 2021 Presented by Mackenzie Investments Click here to read more.
Summary for October 2021 Presented by Mackenzie Investments Click here to read more.
Canada Life has now released its important dates and deadlines for RRSPs and TFSAs for the remainder of 2021 into 2022. Download your copy here or through your RRSP account on mycanadalifeatwork.com. Don't forget, there are a few ways that you can make additional RRSP contributions. Click here for more information. [...]
A common concern of many Canadians is: “I can never retire.” It’s usually followed by: “I haven’t saved enough.” These worries are understandable since we live and spend money in the “now.” It’s much harder to visualize how we’ll live and spend money in retirement when it may be 5, 10, 15, 20 or [...]
Over the last few years, the financial industry has taken note that women are taking more responsibility for personal and household financial decisions. A recent article in the Toronto Star on the subject noted that 90% of Canadian women will find themselves in this role by way of personal lifestyle preference, divorce or by [...]
If you are turning 71 this year you will need to close your RRSP by December 31. This being said, it doesn’t mean you have to leave the CEIRP plan. You may have already been contacted by Canada Life and have made a decision about opening a CEIRP RRIF. This account offers the same [...]
Here are some ideas on how to stay financially disciplined starting in your 20s through to your 40s: Twenty-something: Do you know where your money goes? Knowing how you spend money now will benefit you in the long-term. There are lots of financial apps that you can try, which are designed to make budgeting and [...]