Saving & retirement
TFSA room, FHSA deadlines, RRSP deductions and retirement income. Follow the different rules before moving money between accounts.
Saving & retirement
21 articles · 1 / 4
Saving & retirement 2 min
Étienne finds two different RRSP numbers
Read the RRSP statement on your assessment and subtract contributions already made before sending more money.
Read the story
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.
Read the guide
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.
Read the story
Saving & retirement 2 min
Retirement lowered your income. Tell Service Canada.
A retirement-related income drop may support a current-year income estimate instead of the usual prior-year basis.
Read the guideSaving & retirement 2 min
I had circled February. The account wanted December.
Nadia plans a first-home contribution around an old RRSP habit. The useful distinction is between contributing now and claiming the deduction later.
Read the storySaving & retirement 2 min
The RRSP decision arrives before the year ends
Plan the maturity of each RRSP before December 31 and distinguish a direct registered transfer from a cash withdrawal.
Read the guide