It’s a scary situation to become disabled and no longer able to perform your job. According to disability insurance claims, a man over 55 has a 32% chance of becoming disabled versus dying, and...
When a CPP contributor dies, his or her surviving spouse, common-law partner, and dependent children may qualify for benefits including the Survivor’s pension, Children’s benefit and CPP Death benefit. CPP Survivor Benefit The spouse or...
When is the best time to start your Canada Pension Plan benefits? This question is hotly debated and it’s a tough decision for Canadian retirees to make. Everyone seems to have their own strong...
For many of us, our Canada Pension Plan (CPP) benefits will make up an important portion of our retirement income. We pay into it all our working lives and expect to receive it when...
We know to be cautious and watch out for financial scams and fraudulent schemes. There’s a lot of information about how to avoid them. And we know we shouldn’t be giving out our private...
Do you pay fees for financial advice and portfolio management? You can reduce your taxable income by claiming certain investment expenses on your tax return. Related: Preparing for Tax Season You can claim some...
The stock market has been booming these past ten years. Many investors have become dissatisfied with their investment advisors who sell a pre-determined model of products, don’t keep in contact, give abysmal service, not...
Tax season is just around the corner. How will you prepare your tax return? Some people like to hire a tax professional to handle their returns. But most Canadians are now preparing their own...
Allan asks, “All of my and my wife’s assets are held in joint names and we have named each other as beneficiaries of our registered accounts. Is it necessary to go to the expense...
Half of boomers don’t discuss their retirement plans according to Fidelity Investments. Discussing your lifestyle preferences is important, but what is often neglected is how your financial situation will be impacted by the choices...
