Saving for retirement is the clearest path to a bright future. Choose a retirement investment that’s as safe and profitable as it is affordable. Saskatchewan Pension Plan (SPP) offers people easy pension options with proven, consistent returns and low fund management fees.
The “holy trinity” of tax-assisted savings plans available to Canadians are TFSAs, RRSPs and RESPs. RESPs (Registered Educational Savings Plans) are primarily designed to help families to save for post-secondary education. Each year, on every dollar up to $2,500 (to a life time maximum of $50,000) that you contributed to an RESP for a child’s … Continue reading Group vs Individual RESPs: What’s the difference ?
One of the perennial questions that comes up in the first two months of every year is whether individuals should first contribute to a tax-free savings account (TFSA) or a registered retirement savings plan (RRSP), particularly if they cannot afford to max out contributions to both types of plans. And since 2009 when TFSAs first … Continue reading Feb 12: Best from the blogosphere
Wedding Bells reports that 20% of engagements take place in December, but Valentine’s Day is also a popular time to pop the question. Historically people have used other types of jewelry and gems to propose, but in 2013, the Jewelry Industry Research Institute reported that 75% of brides wear a diamond ring. If you propose … Continue reading How to choose a diamond ring
The investment update to December 31, 2017 is now available.
Effective January 29, 2018, the annual maximum SPP contribution was raised from $2,500 to $6,000. This change applies for the 2017 tax year. Please see the limit announcement webpage.