SPOTLIGHT: RRSP 2004 Debriefing
RRSP Season is over, and now we can all take a
holiday, right? Well, maybe a short one. But your clients should already be
thinking about next year's contributions!
Retirement savings planning should be a year-round sport
Clients will do themselves a favour by contributing all year round, rather
than waiting for the February scramble, and avoiding borrowing to make the
deadline. Tim Cestnick explains.
Loans can fatten up an RRSP
Sometimes, though, an RRSP loan makes a lot of sense, especially at
today's low rates, and when marginal tax rate is relatively high. Rob Carrick
describes the advantages and disadvantages of RRSP borrowing.
Fund sales soar to $5-billion
Canada's mutual fund industry had the best RRSP season in quite a while,
as a lengthy runup in stock markets and rock-bottom savings rates sent
investors rushing back into funds. Carolyn Leitch adds it up.
11th-hour RRSP rush lifts funds
What to do when you're maxed out
Marshall Miller knew that his retirement planning strategies wouldn't come
to a screeching halt once he'd filled both his own registered retirement
savings plan and a spousal RRSP for his wife. But... Jeff Buckstein has more.
INDUSTRY NEWS: Public and
Ottawa should put brakes on taxing trusts