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About Sarah Twomey

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So far Sarah Twomey has created 355 blog entries.

Canada Life Webinar: Don’t let work and life drain you – learn to recharge

When we feel overloaded, our tendency is to do just one more thing or push through. Managing this way actually depletes our energy and reduces our focus and productivity. This means we have to work harder and longer to get the same results we’d achieve if we took time to recharge. Participate in the [...]

By |2024-03-11T15:58:27-04:0014/04/2022|Uncategorized|

Understanding How Investment Income is Taxed

Here’s a simple fact about growing your nest egg: making money is easy. Saving it can be the tricky part. That’s why it’s important to consider how your investments outside your RRSPs are taxed. To illustrate, here are three general tax treatment examples for an individual with an annual income of $85,000 and earning [...]

By |2024-03-11T16:29:11-04:0021/03/2022|Learn&Grow|

Who is Eligible to Contribute to an RRSP?

The simple answer is a Canadian resident for tax purposes who is 71 years or younger and making an income, up to the individual’s annual contribution limit. So, what if you’re on a temporary work visa or you’re a Canadian citizen who’s lived overseas for a while and have now moved back? The CRA [...]

By |2024-03-12T11:17:01-04:0017/02/2022|Learn&Grow|

It’s Never Too Late to Become Financially Resilient

We can all agree that the instability of last two years have been a challenge financially for many Canadians. However, a recent Canadian survey found that 40% of respondents were able to continue to contribute to their RRSPs, according to Benefits Canada, a financial industry trade magazine. In fact, the majority of the respondents [...]

By |2024-03-12T11:17:33-04:0017/02/2022|Learn&Grow|
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