RRSP

While a recession hasn’t officially been declared, Canadians’ spidey senses are tingling. Whether it’s soaring inflation, rising interest rates …

This piece was originally published on November 16, 2023, and was updated on April 12, 2024. Canadians use Registered Retirement Savings Plans …

More than eleven million Canadians have already filed their taxes according to the Canada Revenue Agency (CRA). As of April 6, the average refund works out to quite a sizeable chunk of change: $1,788. While many … Read More

Retirement is a life chapter that many will spend decades planning for using a Registered Retirement Savings Plan (RRSP). RRSPs have been a staple of Canadian personal finance since 1957. Since then, financially savvy Canadian citizens have taken full advantage of the exceptional tax benefits that this savings program provides. To add icing to the personal finance cake, RRSPs can also hold various types of investments along with savings—all of which can grow tax-free.

At first glance life insurance and RRSPs seem very different, and they are! But they do overlap. Here’s what you need to know about Life Insruance vs. RRSPs

Alterna Bank is one of Canada’s most popular alternative banking institutions. This review provides more information about Alterna bank, with an in-depth analysis of their leading personal finance products.