RRSP

More than eleven million Canadians have already filed their taxes according to the Canada Revenue Agency (CRA). As of April 6, the average refund works out to quite a sizeable chunk of change: $1,788. While many … Read More

Retirement is a life chapter that many will spend decades planning for using a Registered Retirement Savings Plan (RRSP). RRSPs have been a staple of Canadian personal finance since 1957. Since then, financially savvy Canadian citizens have taken full advantage of the exceptional tax benefits that this savings program provides. To add icing to the personal finance cake, RRSPs can also hold various types of investments along with savings—all of which can grow tax-free.

At first glance life insurance and RRSPs seem very different, and they are! But they do overlap. Here’s what you need to know about Life Insruance vs. RRSPs

Alterna Bank is one of Canada’s most popular alternative banking institutions. This review provides more information about Alterna bank, with an in-depth analysis of their leading personal finance products.

If you’re new to online investing, you have the option of doing it yourself by using one of the many robo-advisors or online brokerages in Canada. When you put your investments in a registered account—such as an RRSP or tax-free savings account (TFSA)—it’s less complicated because you won’t have to worry about calculating taxable income.

Thinking of buying your first home in the next few years but wondering how you will come up with the minimum 5% down payment? You’re not alone. Saving for a down payment is one of the … Read More

  Table of Contents What is an RRSP? How the RRSP deadline works How to choose an RRSP account How to beat the RRSP deadline What to do with your tax return   You still have … Read More

Many of us can handle dip into our emergency fund or line of credit. Unfortunately, there are people that don’t have either option and they choose to get a payday loan instead.

The number of older students has increased in recent years and this has been driven by massive changes in the workplace. As technology continues to impact the way we work and the types of jobs we do, the need to adapt in the face of an evolving work environment is only likely to increase.

Ratehub.ca helps thousands of people from all financial backgrounds find the best interest rates in Canada each and every day. The information we’ve gathered through our diverse customer base allows us to figure out what our customers across ten provinces and three territories preferred when it came to banking and investing accounts.