Taxes in Retirement

Taxes in Retirement – 6 Ways to beat the system

Do you ever have the feeling that paying taxes is inevitable in retirement? Thankfully there are ways that you can reduce your tax bill. Join our Educational Webinar: Taxes in Retirement – 6 Ways to beat the system for strategies that you can use to keep more money in your pocket. This complimentary webinar will…

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Private Health Care Spending Accounts: How Can They Help Your Business?

An Educational Webinar presented by Colin Sabourin CFP, CIM, CAFA, and Pierre Normandeau CPA, CGA, IMPORTANT: This webinar is for business owners who are incorporated. In the presentation, Colin and Pierre go step by step through: ➡️How Private Health Care Spending Accounts work ➡️What qualifies as a medical expense ➡️Tax benefits for the corporation ➡️What…

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commuting your pension

How Commuting Your Pension Allows You To Manipulate Your Income

Deciding between commuting your pension or opting for the monthly income stream is a big retirement decision that contains several complexities. In this brief 3-minute video I provide clarity on the benefits of taking the commuted value compared to the monthly income stream. If you’d like to discuss your personal situation and explore your financial…

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Selling The Farm? Keep an Eye on Your Tax Bracket

Selling The Farm? Keep an Eye on Your Tax Bracket

In Canada, we have a progressive tax system, which means lower-income earners will pay less tax on a percentage basis compared to higher-income earners. Tax Brackets Explained Here are the combined Manitoba and Federal tax brackets for 2020: Provincial and Federal Tax Rates (Combined) Taxable Income Tax Rate $0 to $33,389 25.80% $33,389-$48,535 27.75% $48,535-$72,164…

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