Retiring Well Resources

One of the greatest things about a Registered Retirement Income Fund (RRIF) is that it is a key piece of your retirement portfolio. You can view it as an extension of your Registered Retirement Savings Plan (RRSP). Before transitioning to your RRIF, you use your...

How you can receive a tax credit on $2,000 of your pension income If you are receiving eligible pension income, you may be entitled to claim both a federal and a provincial/territorial tax credit. The federal non-refundable pension income tax credit is on the first...