Announcement! A new collaboration with Sandi Martin of Spring Personal Finance…
We’re proud to announce that Julia Chung has been selected to speak at the upcoming PowHerTalks Victoria on June 18th! We invite you to join us at this powerful event.
Julia’s PowHerTalk in November was “Start Ups: 4 Fears to Get Over”. Julia will be the Host and MC for the upcoming Vancouver PowHerTalks on January 30th. Register here.
Many people feel pretty confused about RRSPs – how they work, and why they’re useful. At the same time, people can feel embarrassed to ask for a full explanation.
To help you move forward with this useful tool, here is your RRSP Primer!
Yes, you can still split your pension income. The income splitting credit that the new Federal Government vowed to abolish in their 2015 election campaign was the Family Tax Cut. The opportunity for pensioners to split their qualified pension income with their spouses is still alive and well.
With few exceptions, Canadians over 18 who work in Canada and earn more than the minimum amount ($3,500) must contribute to the Canada Pension Plan. Your contributory period starts at the time you begin work and ends at retirement.