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...
Oct 28, 2020 | Personal Tax and Finance, RRSP, TFSA & Retirement
As everyone knows, registered retirement savings plans (RRSPs) are intended to provide a means by which Canadians can save for their retirement on a tax-deferred basis. The rules governing RRSPs allow taxpayers who make contributions to such plans to deduct the amount...
Mar 30, 2020 | Personal Tax and Finance, Featured, RRSP, TFSA & Retirement
A common question among people approaching retirement is when they should start receiving Canada Pension Plan (CPP) benefits. The amount of CPP you will receive is based on your average earnings over your working life, your contributions to the CPP, and the age at...
Feb 25, 2020 | Personal Tax and Finance, Featured, 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 2, 2020 is the deadline for contributing to an RRSP for the 2019 tax year. Should I contribute to my RRSP? It...Jan 17, 2017 | Personal Tax and Finance, RRSP, TFSA & Retirement
RRSP Contribution Deadline is Near Wednesday, March 1, 2017 is the deadline for contributing to an RRSP for the 2016 tax year.The amount of RRSP contributions that you can deduct for 2016 is based on your 2016 RRSP deduction limit, which appears on your latest notice...