May 15, 2025 | Retirement & Savings
How interest is calculated can greatly affect your savings. The more often interest is compounded—or added to your account—the more you earn over time. The Compound Interest Calculator on the RHN CPA website lets you compare yearly, quarterly, monthly, and daily... 
Mar 4, 2024 | Personal Tax and Finance, RRSP, TFSA & Retirement
As tax season unfolds, it’s important to ensure thorough preparation and a clear understanding of your existing or potential savings plans. Take the time to organize your financial documents and familiarize yourself with the tax implications of any savings plans you... 
Mar 29, 2022 | Personal Tax and Finance, RRSP, TFSA & Retirement
Thinking about retirement? Chances are you’ve started considering how your Canadian Pension Plan (CPP) can help you achieve your retirement goals. But when should you start collecting your CPP payments? Does it really make a difference if you apply to collect at 60 or... 
Feb 17, 2022 | Personal Tax and Finance, RRSP, TFSA & Retirement
With the March 1 deadline to contribute to an RRSP for the 2021 tax year fast approaching, you may have questions about how to make your RRSP work best for you. We know trying to figure out the written and unwritten rules of RRSPs can be overwhelming, so we’ve... 
Feb 25, 2021 | Personal Tax and Finance, RRSP, TFSA & Retirement
Every year RHN gets asked questions about RRSP’s. We have put a few of the most important together here! When do I need to make my contribution by? March 1, 2021 is the deadline for contributing to an RRSP for the 2020 tax year. Should I contribute to my RRSP? It... 
Feb 23, 2021 | Personal Tax and Finance, RRSP, TFSA & Retirement
It is getting to that time of year once again and the deadline for contributing to your RRSP is fast approaching. Any contributions you make towards your RRSP for the 2020 taxation year must be done before March 1, 2021. There can be significant penalties and interest...