The pension income tax credit: One benefit of opening a RRIF early
With some smart tax planning, you can take advantage of the pension income tax credit to reduce your household tax bill. Learn how.
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Episode 17: Why cryptocurrencies like Bitcoin don’t fit in our investment philosophy
Jean-Francois Bordeleau, Mark Fairbairn and Craig Maddock of MD Financial Management discuss cryptocurrencies within the framework of MD’s investment philosophy.
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Fed stays put on rates but dot plots rise
No changes to U.S. Federal Reserve monetary policy. The Fed holds rates and continues with asset purchases, expect at least one rate hike by the end of 2023 as the post-pandemic bounce-back takes hold
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Episode 16: The financial planning and investing landscape for Canada’s physicians
Julie Petrera and Jean-Francois Bordeleau discuss investing within the context of financial planning for physician families in the current environment. Listen now!
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Beneficiary designation and how it can benefit your estate plan
Designating a beneficiary for your registered account or insurance policy can provide important benefits. Here are the points to consider for estate planning.
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Bank of Canada: Target rate to stay put until later in 2022
The Bank of Canada announced it will keep its key interest rate unchanged at 0.25% while it keeps a close eye on the economy and inflation.
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When should I take my CPP retirement benefits?
The amount of CPP you get is based on your contributions and the age at which you start taking these benefits. Here are some options to consider.
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How to withdraw funds tax-efficiently in retirement
The best order for withdrawing funds in retirement starts with your goals and circumstances. Learn some strategies to get the most out of your withdrawals.
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The value of financial advice
Industry studies that attempt to quantify the value of financial advice have found that working with a financial advisor has real benefits. Learn more.
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Video: 2020 Tax Tips for Retired Physicians
Watch our tax tips video for retired physicians to learn about what tax deduction and tax credits you may be entitled to.
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It’s all tax-free — until it isn’t! 8 costly mistakes to avoid with your TFSA
Some TFSA blunders trigger harsh tax penalties from the Canada Revenue Agency and unravel the benefits of tax-free investing. Learn how to avoid them.
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Tax tips for retired physicians
This guide will help you understand what tax credits, deductions, and government benefit programs you may be eligible for as a retired physician in Canada.
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Top questions about powers of attorney for personal care and property
Discover what Power of Attorney documents are and why you should have them, how to set up your Power of Attorney documents, and other important tips.
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Converting your RRSP to a RRIF
For the majority of RRSP holders who are or will be 71 this year, converting their RRSP to a RRIF makes the most financial sense. Here’s what you need to know.
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Top 7 things that physicians need to know about RRSPs
What is the RRSP contribution deadline? How do you create contribution room? What are the benefits? Here are things physicians need to know about RRSPs.
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Retirement savings: What’s a physician’s magic number?
As a physician, how do you figure out what your average retirement savings should be? Here's how we can estimate your retirement income.
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Donor advised funds: A win-win for you and your charities
Donor advised funds (DAF) can make charitable giving more strategic, meaningful and impactful. Learn how.
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Optimizing your RRSP strategy according to your career stage
Your RRSP strategy will be different, depending on whether you’re a medical student, resident, practising physician or retired. Learn why.
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4 reasons to consolidate your RRSPs
As you approach retirement, there are many advantages to bringing your many RRSP accounts together at one financial institution. Learn why.
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2020 was different: Is your financial planning strategy still appropriate?
COVID-19 has had a significant impact on Canadian physician households and their finances in 2020. Learn about the need for physician-focused financial advice.
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