A reader with $750,000 in RRSP savings asks about tax strategies, pension splitting and the best time to start Canada Pension ...

While Canada has no inheritance tax, provinces and territories may levy probate fees or estate administration tax ...

Canadians have until March 2 to contribute to their Registered Retirement Savings Plan (RRSP) for the 2025 tax year, giving savers a final opportunity to lower their taxable income and boost their ...

Let’s start with the end in mind. Claiming income made by your spouse and dependants correctly will affect other provisions ...

Every year, thousands of individuals leave Canada, earn income from Canadian sources while living abroad, or arrive in Canada without establishing permanent ties, and each of these situations creates ...

There's a 'myriad' of ways to reduce your taxable income and lower your final tax bill — including these ones people often overlook.

Traditionally, the plans were used to reduce a higher-earning spouse’s net income and build retirement savings for the ...

Tax season is around the corner, and that means the deadline for the Registered Retirement Savings Plan (RRSP) is also drawing near.

Last tax-filing season, the Canada Revenue Agency (CRA) received more than 33 million tax returns, 93 per cent of which were filed online. The agency issued over 19 million refunds, for an average ...

Learn how inheriting a US IRA or 401(k) works for spouses and non-spouses, including taxes, withdrawal rules, and ...

You may be eligible for Social Security based on your spouse's earnings record. Spousal benefits aren't off the table just because you're divorced. Spousal benefits have a maximum value, though those ...

Don't let holiday consumerism get you off track ...