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CWB reports fourth quarter and full year 2021 financial and strategic performance

/CNW/ - CWB Financial Group (TSX: CWB) (CWB) today announced financial performance for the year ended October 31, 2021, with annual revenue surpassing $1.0. ....

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Retirees: Turn Your RRSP Into a RRIF to Pay Less CRA Taxes When You Retire

Retirees: Turn Your RRSP Into a RRIF to Pay Less CRA Taxes When You Retire
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Retirement brings a host of surprises to Canadians. A costly expense that planners often underestimate or give less importance is tax. Would-be retirees must realize that tax planning doesn’t end when you leave the workforce. You’ll still contend with the Canada Revenue Agency (CRA). Taxes are thorns, because they impact retirement cash flow.
Aside from living expenses, healthcare costs, and discretionary expenditures, such as a dream vacation, a retiree must include taxes in the budgeting process. If you’re looking forward to finally tap your Registered Retirement Savings Plan (RRSP), implement a strategy that could reduce taxes owed to the CRA. ....

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