Articles with the Tag “Question of the Week”
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What is an RESP and how does it work?: Key things you need to know about this popular savings tool
The Registered Education Savings Plan (RESP) helps you save for a child’s education after high school. Open an account to grow your savings tax-free.
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Just the FAQs: Bear vs. Bull Markets
Summing up market conditions as “bearish” or “bullish” can be helpful shorthand, but investors should dig a little deeper to really understand what’s going on and what it means for them.
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What Tax Slips Do I Need and Where Can I Find Them?
Tips to help you get ready for the tax filing deadline on April 30, 2024. From which common tax slips you might need (and where to find them) to how you can find out about new deductions.
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What is a Spousal RRSP?
In the intricate dance of managing finances as a couple, optimizing your retirement savings becomes one of the key dance steps. One sometimes helpful move is a Spousal Registered Retirement Savings Plan (Spousal RRSP), which can offer some financial and tax benefits for couples.
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What is the TFSA Contribution Limit for 2024?
Every year, the Canada Revenue Agency (CRA) declares the annual TFSA contribution limit, which is indexed to inflation and then rounded to the nearest $500. What else should you know? Read on.
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When is the FHSA Contribution Deadline?
Mark the date on your calendar and find out how the First Home Savings Account can help you save for the future and on this year’s taxes.
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Can Understanding Anchoring Make You a Better Investor?
Like oceans, markets are always shifting. Find out why fixating on first impressions can be harmful to your investing decisions and how you can avoid it.
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What It Really Means to Pay Yourself First
Learn how to automate your savings to free up time for the things you love.
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Can Registered Accounts Help You Save on Taxes? Yes! Here’s how.
Here’s how registered accounts can help you hit your money goals.
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What Do I Actually Own When I Buy a Mutual Fund?
Here’s a quick rundown on mutual funds – how they work and why they’re popular.