You’re much more likely to piece together a little from Canadian dividends, some from foreign-based dividends, a little from freelance labour, perhaps a pension, and then maybe some TFSA-originating income as well.Ok – I know that was a lot of reading just to snag the “low-hanging ...
Do you have a pension starting at 55 DD? Reply ddivadius 2 years ago Reply to Kyle Prevost Yes. Work related via LIRA. Reply Editor Kyle Prevost 2 years ago Reply to ddivadius The strategy makes sense from a tax savings scenario for sure. With that LIRA to consider at ...
a great deal of emphasis has been placed on the increasing number of over-50s leaving the workforce. This has led to a number of policies aimed at enticing this population back to work – including the much-lauded policies around raising the cap on interest free pension draw-down. However,...
how much you can withdraw from a portfolio in any given year, and what sort of anasset allocation you should have in retirement. The arguments on this topic are endless. Engineer types seem to particularly revel in them. There are academics such asWade ...
a state income tax, as a Kentucky resident you must include the amount of your pension distribution in your state income as well. As of 2011, Kentucky does exempt pension distributions above $41,110 from state tax if you are retired from government service and you receive railroad retirement ...