Plan ahead to save significant tax dollars at your time of passing away – Globe and Mail, May 30, 2024
https://www.theglobeandmail.com/investing/personal-finance/taxes/article-plan-ahead-to-save-significant-tax-dollars-at-your-time-of-passing/
Tim Cestnick discusses seven things his aunt had done “which resulted in huge tax savings when she died.” Meta is preventing us from posting direct links to articles in Canadian media on Facebook.The link here works.
RRSP to RRIF, and LIRA to LIF: How it all gets done – MoneySense.ca, May 29, 2024
https://www.moneysense.ca/columns/retired-money/rrsp-to-rrif-and-lira-to-lif/
Jonathan Chevreau discusses the conversion of RRSP’s and LIRA’s to RIF’s and LIF’s in the year that you turn 71. This is the year he has to do it himself.Meta is preventing us from posting direct links to articles in Canadian media on Facebook.The link here works.
Three ways to avoid credit card foreign transaction fees when travelling this summer – Globe and Mail, May 28, 2024
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-three-ways-to-avoid-credit-card-foreign-transaction-fees-when/
Rob Carrick examines the use of Prepaid Debit Cards from EQ Bank, Wealthsimple and Wise while travelling outside the country. Personally, I am more into using “no foreign transaction fee” credit cards … prefer to use someone else’s money while we are on the road. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.
ABCs of finance: A glossary of the most commonly used phrases – Globe and Mail, May 24, 2024
https://www.theglobeandmail.com/investing/personal-finance/article-abcs-of-finance-a-glossary-of-the-most-commonly-used-phrases/
The Globe’s editors offer up a very useful list of “Nearly 200 must-know terms from personal finance, investing and stocks”. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.
How this retired military member built up an $883,500 TFSA that generates $11,000 a month in tax-free income – Globe and Mail, May 24, 2024
https://www.theglobeandmail.com/investing/investment-ideas/article-how-this-retired-military-member-built-up-an-883500-tfsa-that/
Darcy Keith starts a new series about high TFSA achievers with a discussion with a gentleman whose “TFSA is worth $883,500. He’s also generating about $11,000 in monthly income – all tax-free.” Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.
“My Weekly Reads” are articles I have read throughout the week because they were of interest to me … for good, or for bad reasons. 🙂 Sharing them does not mean that I endorse them, unless I explicitly state that. If concepts contained in the financial articles I share are of interest to you please remember that is always a good idea to ask your financial adviser’s advice when considering making changes to your financial portfolio or changing your spending habits.
