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Tag Archives: Retirement

The Enhanced CPP and What It Means To You

 

Terry Zavitz

Terry Zavitz

January 1, 2019 marks the beginning of increased contributions to the CPP by employees and employers alike. This increase has been implemented with the goal of ensuring that Canadians are better prepared for retirement by ultimately receiving higher CPP payments. Currently, working Canadians and employers make CPP contributions of 4.95% on earned income between $3500 and $55,900.

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Maturity Options and Your RRSP

 

Terry Zavitz

Terry Zavitz

Is a RRIF or an annuity a better option?  As with most personal finance situations, it is unique to each individual.

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