What’s your Pension Worth?
What is your pension worth is an important question to ask anyone with any kind of pension. You need to know how much it is worth so you can plan.
What is your pension worth is an important question to ask anyone with any kind of pension. You need to know how much it is worth so you can plan.
A spousal RRSP is a great way to split income in your retirement years or even before that if emergencies arise that need money.
So the concept of a spousal RRSP really is a good thing if your household is a SINGLE income household (or if only 1 of the income will have a pension). It allows for a… Read More »Spousal RRSP: One last thought
Spousal RRSP income sharing is still a large plus for the Spousal RRSP program. You can also income share in a pension, but a spousal RRSP is easier.
So a reliable and fool-proof way in Canada to do income splitting is by using the concept of the Spousal RRSP. This can work, but specific scenarios