by Boomer | Dec 29, 2011 | Investing, Retirement
Upon retirement, members of defined benefit pension plans are entitled to receive a pension for life based on their years of service and employment earnings. In certain circumstances, employees may be given the choice to either stay in the company pension plan and...
by Boomer | Dec 27, 2011 | Retirement
Sometimes I get tired of hearing about how much I should have saved for my retirement years ago. I admit I had a late start and my portfolio is not as large as it could have been if I would have saved instead of spent my money over the years. However, if I don’t...
by Robb Engen | Dec 26, 2011 | Investing
A Registered Disability Savings Plan (RDSP) is a tax-deferred savings vehicle that provides long-term financial security for people living with a disability. It includes government incentives such as the Canada Disability Savings Grant (CDSG) and potentially the...
by Boomer | Dec 22, 2011 | Estate Planning
Many people own property and investments jointly with another person, most commonly a spouse. But when a joint account is used with individuals other than a spouse there are risks that need to be understood. There are two ways that a joint account can be held: joint...
by Robb Engen | Dec 21, 2011 | Personal Finance
There’s a lot of uncertainty surrounding the global economy these days. There’s the debt crisis in Europe, and a myriad of economic problems in the United States. Here in Canada, household debt has reached an all-time high and record low interest rates...
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