May 3, 2024

The Past Week’s Reads — March 25 – March 31 , 2024

What’s the maximum you can save for retirement? – Globe and Mail, March 26, 2024
https://www.theglobeandmail.com/investing/personal-finance/retirement/article-whats-the-maximum-you-can-save-for-retirement/
Frederick Vettese offers up an interesting take on saving for retirement. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.

How to cope with the RRSP-to-RRIF deadline in your early 70s – MoneySense.ca, March 21, 2024
https://www.moneysense.ca/columns/retired-money/retired-money-rrsp-to-rrif-conversion-deadline/
Jonathan Chevreau reinforces the importance of knowing when to convert your RRSP to a RRIF.

Many Canadians spending more than $500 in accounting, legal fees over new tax rules – Globe and Mail, March 25, 2024
https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-cra-tax-filings-bare-trusts-uht/
Erica Alina examines the cost many families are incurring dealing with the new regulation to file documents related to “Bare Trusts”. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.

Marjorie, 65, confronts unclear financial plan after the unexpected death of her husband – Globe and Mail, March 22, 2024
https://www.theglobeandmail.com/investing/personal-finance/financial-facelift/article-marjorie-65-confronts-unclear-financial-plan-after-the-unexpected/
Dianne Malley examines the situation of a 65-year-old woman who now has to handle her financial affairs on her own after her husband passed away unexpectedly. Meta is preventing us from posting direct links to articles in Canadian media on Facebook. The link here works.

“My Favourite 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.