Practising Physician

Before you transfer assets to your children during your lifetime, learn about some common mistakes you’ll want to avoid making.

With market volatility picking up again, it’s important to remember and avoid these common investing pitfalls.

A good estate plan starts with understanding the tax consequences of the types of assets you own. The next step is to use strategies to mitigate their tax impact.

Learn how you can boost savings and lower the amount of taxes you pay during your medical career by contributing to your RRSP, TFSA or both.

Incorporated physicians typically invest in their corporate accounts, but they can come out ahead using TFSAs. Learn how.

A spousal RRSP can be an important part of a couple’s retirement plan and even offers some pre-retirement benefits.

Get the most out of your RRSP by avoiding these common mistakes.

The tax deferral advantage of incorporating is explained in detail.

Financial advice for locum tenens: tax planning, incorporation, insurance.

Most practicing medical doctors in Canada don't feel well-educated about personal finance, and many of them report feeling "stressed" about making financial decisions regarding their priorities.

Get the basics on RRSP contribution deadline, RRSP contribution amount, and understand the tax savings.

Wellness tips if you are a physician who has to work over the holidays.

When you begin to draw income in retirement, there are different tax consequences for each source of cash flow.

In this MD Financial Management series, we talk to physicians about what gives them confidence in financial planning for the future. *Real-life stories have names changed to protect privacy.

Checking items off your retirement “bucket list” of activities doesn’t necessarily contribute to a fulfilling life.

If you have a corporation without a capable executor, you could be subject to double taxation.

If you are a newly incorporated physician, make sure you understand these five incorporation terms.