About TD Direct Investing TD Direct Investing, from TD Wealth, is Canada’s largest online brokerage and a division of the Toronto Dominion Bank. The brokerage originated in 1984 under the name ...

What I would like to share with you in this month’s article is a recent talk I had with Kenneth Pope where we discussed Henson Trusts, ODSP and other tax credits that families and disabled individuals ...

We can choose to use whatever language we like: downsizing, rightsizing or firing, in the end, the result of losing one’s job can be devastating. Companies provide severance packages for a range of ...

2019 is the first year where the changes announced in June 2016 were be put in place. The Minister of Finance announced an agreement in principle with the provinces that would “strengthen the Canada ...

A question I’m often asked concerns how CPP benefits are calculated when someone is eligible for both a CPP retirement pension and a CPP survivor’s pension (commonly called a combined benefit). Many ...

When you understand the average tax rate calculation, it is easy to see how misleading a 50% tax rate is. In fact, whether you look at tax freedom day, marginal tax or average tax, there is not 50% ...

Using withdrawal rates One of the ways to ballpark the amount of income you can take from your portfolio is to use a withdrawal rate. The debate over what is a safe withdrawal rate will continue and ...

Every retirement plan requires making some key assumptions. One of those important assumptions is the rate of return you are going to get on your investment portfolio. Over on MapleMoney, some of my ...

1. Plan to retire in a low tax bracket with the right mix of RRSP and TFSA Your taxable income can be very different from the cash you receive. You do not really need income – you need cash flow.

The Child Rearing Dropout (CRDO) provision of the Canada Pension Plan (CPP) isn’t an actual benefit paid on its own, but it is an important provision nonetheless. The CRDO provision is generally ...

Updated for 2024 In Canada, we operate under a marginal tax rate system which simply means the more money we make, the more tax we are privileged to pay. Marginal tax is simply the amount of tax paid ...

Know your marginal tax rates I’ve always stressed the importance of knowing what your marginal tax rate is when it comes to RRSP planning. The reason is the deduction you get is based on what your ...