Saving & retirement
TFSA room, FHSA deadlines, RRSP deductions and retirement income. Follow the different rules before moving money between accounts.
Saving & retirement
21 articles · 3 / 4
Saving & retirement 2 min
The RRSP deposit still needs its HBP designation
Use your HBP statement to identify the required repayment and designate eligible contributions correctly on the return.
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Saving & retirement 2 min
Nadia decides to keep renting
Review the account deadline and transfer options when a first-home purchase is postponed or abandoned.
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Saving & retirement 2 min
The word "pension" does not settle the credit
Match each payment to the CRA eligibility chart before claiming the federal non-refundable pension income amount.
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Saving & retirement 2 min
The dishwasher was fixed. My December transfer could wait.
Étienne has the money to replace a TFSA withdrawal, but the calendar matters as much as the bank balance. A simple same-year contribution example.
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Saving & retirement 2 min
Pension splitting starts with the type of pension
Compare both returns and allocate the related withholding consistently when electing to split eligible pension income.
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Saving & retirement 2 min
The RRIF minimum is a withdrawal rule, not a tax exemption
Check the opening value, age basis and payment schedule, then plan tax separately from the required withdrawal.
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