by Legacy Wealth | Feb 1, 2018 | Family, individuals, Investment, Retirees, rrsp, tax, Tax Free Savings Account
If you are seeking ways to save in the most tax-efficient manner available, TFSAs and RRSPs can both be effective options for you to achieve your savings goals more quickly. However, each plan does have distinct differences and advantages / disadvantages. Let’s take a...
by Legacy Wealth | Jan 26, 2018 | Blog, Family, individuals, Investment, rrsp, tax
RRSP Deadline: March 1, 2018 The deadline for contributing to your Registered Retirement Savings Plan (RRSP) for the 2017 tax filing year is March 1, 2018. You generally have 60 days within the new calendar year to make RRSP contributions that can be applied to...
by Legacy Wealth | Jan 1, 2018 | Blog, Family, individuals, Investment, mortgage, pension plan, Retirees, rrsp, tax, Tax Free Savings Account
by Legacy Wealth | Dec 1, 2017 | Blog, Family, individuals
Calculating and figuring out how much tax you have to pay is nobody’s favorite time of the year, but if you plan carefully there are many tactics available at your disposal to make sure that your tax bill is not more than it has to be in 2017. Which tactics make the...
by Legacy Wealth | Aug 1, 2017 | Blog, Business Owners, Families, individuals, life insurance, permanent insurance, term insurance
You most likely do, but the more important question is, ‘What kind?’ Whether you’re a young professional starting out, a devoted parent or a successful CEO, securing a life insurance policy is probably one of the most important decisions you will have to make in your...
by Legacy Wealth | May 3, 2017 | Blog, Budget, Business Owners, Employees, Families, individuals, tax
Ontario Finance Minister Charles Sousa delivered the province’s 2017 budget on April 27, 2017. The province’s 2017 budget is balanced, with projected balanced budgets for 2018 and 2019. Corporate Income Tax Measures No changes to corporate taxes were announced....
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