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
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 story
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.
Read the storySaving & retirement 2 min
The bank kept tax. Why is more still owing?
Understand the gross withdrawal, withholding and year-end tax before using an RRSP for an unexpected expense.
Read the story
Saving & retirement 4 min
Too much went into the RRSP. Start with the dates.
Reconstruct dated contributions before calculating an RRSP excess or choosing how to remove it.
Read the guide
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
Before withdrawing from a spousal RRSP, check three calendar years
Recent contributions can cause a spousal RRSP withdrawal to be taxed to the contributor rather than entirely to the account holder.
Read the guide