Definition

Locked-in retirement account (LIRA)

An account that holds money moved out of a pension plan. You may use one if you are changing companies... Read Full Definition

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Article

What happens to your RRIF when you die

…a grandchild Why naming a beneficiary for your RRIF matters What happens to the money in your Registered Retirement Income Fund (RRIF) after your death – and the taxes on…

4 min read
Article

RRIF fees

There is no set-up fee for most Registered Retirement Income Funds (RRIFs), but you may pay other fees once you open a plan. These fees may include an annual administrative…

2 min read
Article

7 TFSA misconceptions

…before making RRSP contributions. Everyone’s tax situation and financial goals are different. A TFSA is designed to be used for any savings goal, not only retirement. Also, TFSA contributions are…

2 min read
Article

Investing and the COVID-19 Experience

…represents about 35% of all Canadians. However, over 8 in 10 of those saving towards goals like their children’s education or retirement continued to make progress towards these goals. Most…

3 min read
Article

MISSING OUT: Millenials and the Market

…gains that can come with long-term investing—gains that can be important for meeting retirement and other savings goals. But our survey shows that many millennials are not taking advantage of…

9 min read
Article

Work with a financial planner

…and take steps to achieve them. Create a plan for long-term goals like education or retirement. Understand and choose the right mix of investments. Develop an investment strategy to fit…

8 min read
Article

Investing as a small business owner

…or provide a steady income in retirement. Your investments can also give you peace of mind by helping to ensure you have a financial cushion for emergencies, or, for your…

3 min read
Showing results 111-120 of 125