and you’ll have to pay a non-resident withholding tax on any income you earn. But if you’re using both accounts — the TFSA for domestic stocks and the RRSP for domestic and foreign — you ...

Ms. Kaufman offers the example of a parent with two children who names one as beneficiary of the RRSP and the other as ...

For Canadians who have withholding tax on U.S. income in an RRSP, sometimes this tax can be avoided. U.S. withholding tax in an RRSP for Canadians ...

Four reasons why you might not want to tap your RRSPs to become mortgage-free. Paying off your mortgage with your registered retirement savings plan (RRSP) and then putting what your mortgage ...

For one, you’ll pay a withholding tax on the amount you’re withdrawing. More than likely, you won’t pay this directly: your RRSP provider will deduct the necessary portion from your ...

To transfer an RRSP from one financial institution to another, you must authorize the new investment provider to initiate the process. Be sure to check any RRSP transfer fees with your financial ...

Broad-based equity and bond ETFs should make up the core of a retirement savings plan while satellite ETFs can provide more diversification or potential alpha ...

You must convert your RRSP to some form of retirement income before the end ... the plan is fully taxable in the year in which you receive it. It is subject to withholding tax at the time of ...

The Registered Retirement Savings Plan (RRSP) is a tax-advantaged retirement savings account. Any contributions made to the registered account are tax-deductible, which helps lower the tax bill ...

In my case I will have CPP, OAS, a small pension, RRSP/RRIF income. For each of these sources can I elect to set a minimum withholding tax rate to try and cover my tax obligations for the year so ...