Should you exit a defined-benefit pension? Some key things to consider – Globe and Mail, June 26, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-should-you-exit-a-defined-benefit-pension-some-key-things-to-consider/
Michael Vanderburgh presents another discussion related to drawing or commuting ones’ pension plan. He highlights factors that should be considered in the decision making process.
Deferring OAS payments: A helpful retirement income strategy with a public relations problem – Globe and Mail, June 22, 2020
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-deferring-oas-payments-a-helpful-retirement-income-strategy-with-a/
Rob Carrick returns to examining the merits of deferring OAS payments. This time the issue is examined in the context of individuals who are deferring will not receive the $300 OAS related government grant.
Retirees: You Could Receive a $300 OAS Boost – The Motley Fool, May 30, 2020
https://www.fool.ca/2020/05/30/retirees-you-could-receive-a-300-oas-boost/
Christopher Liew looks at the plan that will provide seniors with federal government aid due to the COVID-19 pandemic. Most of the important points of the program are covered.
Annuities cure stock market anxiety, but you better hustle if you want one – Globe and Mail, June 19, 2020
https://www.theglobeandmail.com/investing/markets/inside-the-market/article-annuities-cure-stock-market-anxiety-but-you-better-hustle-if-you-want/
Rob Carrick points out that now is a good time to buy an annuity if you are considering doing so. Apparently “annuity payments are almost certainly headed lower”.
The case of the $500,000 RESP: How should we withdraw the money? – Globe and Mail, June 20, 2020
https://www.theglobeandmail.com/investing/education/article-the-case-of-the-500000-resp-how-should-we-withdraw-the-money/
John Heinzl talks about what’s involved in drawing down from an RESP. Good information to have.
