'll chew right through your TFSA savings. When youinvest with Wealthsimple, we charge a 0.5% management fee when you invest up to $100,000 and 0.4% fee when you deposit more than $100,000. That's significantly less than the 2% fees paid by traditional mutual fund investors in Canada....
Popular online banks in Canada By The Editors 3 min read There are unique advantages to using online-only banks. Here are some of the most popular online banks in Canada, as well as their advantages. What Is an FHSA? By Brennan Doherty 5 min read An FHSA is a tax-sheltered account...
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All you have to do is create an account with Wealthsimple Tax to begin filing your tax returns. You’ll need to fill in basic information like your name, address, marital status, date of birth, and your registration with the Canada Revenue Agency (CRA). ...
Most of us would put completing our tax returns on the same level as going to the dentist. What may be worse than doing your taxes is paying someone to do your taxes. In Canada, you can expect to pay $150 or more for an accountant to complete your taxes for you. Luckily, the ...
Most of us would put completing our tax returns on the same level as going to the dentist. What may be worse than doing your taxes is paying someone to do your taxes. In Canada, you can expect to pay $150 or more for an accountant to complete your taxes for you. Luckily, the ...
4x lower Management fees than the average Canadian mutual fund Make more on your everyday earnings Cash Earn high interest and extra perks Get a minimum 2.75% interest, no monthly fees, and 1% back on your spending in stock, crypto, or cash, with Canada’s highest interest chequing account...
Canada, including Quebec, in the US or other jurisdictions. In the event personal information is transferred to the US or other foreign jurisdiction, it will be subject to the laws of that jurisdiction and may be disclosed to or accessed by the courts, law enforcement and governmental ...
Have lived in Canada for at least 40 of the 47 years between your 18th and 65th birthday (to qualify for the maximum payment) OAS is considered income and is fully taxable at your marginal tax rate. OAS is income-tested, which means that if you make more than a certain amount of incom...
In the 10 years that Wealthsimple has been in existence, it has become one of the top online brokers and largest robo-advisors in Canada. The company’s focus is on making sure people have access to financial tools and information without it being overly complicated and expensive. The Wealthsi...