CPP: small plan, big potential?!
I checked my CPP Statement of Contributions just now. Sadly enough, I discover that I’m only eligible to receive a monthly retirement pension of $240, if I turned 65 this year and decided to receive...
View ArticleRRSP – Maximize Your Retirement Savings
What’s an RRSP Registered Retirement Savings Plan is a retirement plan that you or your spouse or common-law partner establish and contribute to. RRSP contributions are tax-deductible;ie, it can be...
View ArticleTax Saving Tips for Business, Professional Corporation
Income taxes are the biggest expense for most Canadian. If you have your own business or professional corporation, your company can help generate tax savings to accelerate your mortgage repayment or...
View ArticleAverage Annual Retirement Pension Income Canada
Thinking about retirement? Are you financially sound? Debt free or still fully loaded?! Want to retire and yet can’t afford to? How much need you save to retire comfortably? Check the following...
View ArticleAnnual Pensions for Members of Parliament
Former Bloc leader Gilles Duceppe, 63 $140,765 per year Former Toronto Liberal MP Joe Volpe, 63 $120, 392 per year Former Liberal MP Ujjal Dosanjh $40,197 per year from federal government $35,000 per...
View ArticleAverage Annual Retirement Pension Income Canada
Reading Time: 3 minutes Thinking about retirement? Are you financially sound? Debt free or still fully loaded?! Want to retire and yet can’t afford to? How much need you save to retire comfortably?...
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