Resource Centre

May 10, 2017
RRIF - Registered Retirement Income Fund

What do you know about RRIF?

What is a RRIF? A Registered Retirement Income Fund (RRIF) is a tax-deferred retirement plan under Canadian tax law. Individuals use an RRIF to generate income from the savings accumulated under their Registered Retirement Savings Plan. As with an RRSP, […]
April 12, 2017
RRSP - Registered Retirement Saving Plan

RRSP and What You Need to Know

So, What is an RRSP? A RRSP is a retirement savings plan that is registered by the Canadian government, is established by you, and the contributions are made by you or your spouse/common-law partner. Contributions to a RRSP are deductible […]
March 29, 2017
CPP - Canada Pension Plan

An Overview of the Canada Pension Plan

The Canada Pension Plan (CPP) is a contributory, earnings based social insurance program. It forms one of the two major components of Canada’s public retirement income system, the other component being Old Age Security (OAS). As of September 2017, the […]
March 1, 2017
Probate Process - Ontario

Changes to the Probate Process in Ontario

The Estate Administration Tax Act, 1998 (“EATA”) is responsible for governing Ontario’s probate laws. To improve the administration of Ontario’s tax system, several measures were implemented in the 2015 Ontario Budget. These changes might not have been taken carefully by […]
January 16, 2017
Considered sources of income for retirement planning

Considerations for Structuring a Retirement Income Plan

  Retirement and estate planning can be overwhelming for those brave enough to take it on. Wading through the seemingly endless amount of available information on this subject can be absolutely daunting. Without a fundamental framework in place to help […]