TurboTax is one of Canada’s best income tax software. See why I love TurboTax, its various features, a 20% discount, and tax filing updates in Canada.| Savvy New Canadians
Here are the provincial retirement benefits for seniors in Canada (Ontario, Alberta, B.C., etc.) plus federal programs like the OAS and GIS.| Savvy New Canadians
What is an RRIF and how does it work? Learn about RRIF withdrawal rules, RRIF vs RRSP, withdrawal rates, RRIF withholding taxes, investing, and more.| Savvy New Canadians
Saving for retirement and more money for the kids!| Savvy New Canadians
A locked-in retirement account (LIRA) holds pension funds from previous employers before retirement. Learn about LIRA vs RRSP, LIF, and more| Savvy New Canadians
A defined benefit pension plan is an excellent retirement package and when compared to defined contribution pension plans, it is a really sweet deal.| Savvy New Canadians
An RRSP is closed at age 71. You can withdraw cash, transfer to an RRIF, or purchase an annuity. See options for withdrawing income from your RRSP.| Savvy New Canadians
Read on to learn about RRSP over contributions, excess RRSP contribution penalties, and how to rectify the issue with the CRA.| Savvy New Canadians
A complete pre-retirement checklist for Canadians. Take care of these 10 important financial tasks so retirement can become the best time of your life.| Savvy New Canadians
CPP and OAS benefits for survivors include the CPP Death benefit, CPP Survivor’s pension, CPP children’s benefits, and OAS Allowance for the Survivor Benefit.| Savvy New Canadians
The Guaranteed Income Supplement (GIS), Allowance, and Allowance for the survivor are additional ...| Savvy New Canadians
How your RRSP, TFSA and RRIF are set up will determine what happens when you die. Who gets your RRSP, RRIF, and TFSA assets after your death?| Savvy New Canadians
Canada Pension Plan and Old Age Security are two of the three main pillars of Canada’s retirement income system. See how they compare.| Savvy New Canadians
The 2025 tax filing deadline for Canadians is April 30, 2025, and self-employed individuals have until June 15th to file their tax returns and get a refund.| Savvy New Canadians
Should I take CPP early at age 60, wait until the standard 65 years, or defer CPP benefits until I'm 70 years old? I get these questions a lot from readers, and while I do| Savvy New Canadians
Learn about the pros and cons of taking CPP early at age 60, how much CPP you will get at 60, and CPP breakdown calculation.| Savvy New Canadians
What happens to OAS and CPP pension benefits if you or your spouse dies? Does the survivor enjoy a benefit increase or decrease? Read on to find out.| Savvy New Canadians
Survivors and children of deceased CPP contributors may be eligible for the CPP survivor's pension, CPP children's benefit and a death benefit.| Savvy New Canadians
OAS and CPP payments increased in 2025. Learn how CPP and OAS monthly benefits increase when inflation or the cost of living increases.| Savvy New Canadians
Should you take CPP late at age 70 or collect early at age 60? Deferring CPP until 70 means 42% more benefits than taking it at age 65.| Savvy New Canadians