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Investors who may have overcontributed to their TFSAs face harsh penalty tax

The poll also finds that more than one-third of Canadians aren't saving for either type of goal

  • By: IE Staff
  • August 28, 2019 October 31, 2019
  • 10:44

More of those surveyed had a TFSA than an RRSP

  • By: IE Staff
  • August 20, 2019 October 17, 2019
  • 14:52
An iceberg gounded near an old fishing stage

Industry association also wants improved access to variable payment life annuities, among other recommendations

The agency made revisions based on comments received from the tax community

Advisors can play a huge role in helping clients understand how taxes affect their investments

The IRPP suggests policymakers consider tax incentives to encourage Canadians to save more effectively

  • By: IE Staff
  • April 9, 2019 October 31, 2019
  • 13:43

Issuers are only "joint and severally liable" to a point

Penalties for overcontributing can eat away at client investments

  • By: IE Staff
  • February 21, 2019 October 17, 2019
  • 12:50

As the annual contribution deadline approaches, here are three ways to help your clients get the most from their RRSPs