Pension Plans
The Canada Pension Plan—When Is the Right Time for You?
When it comes to the Canada Pension Plan (CPP), it really is a matter of deciding when to take it. While there is no rule of thumb, there is a specific answer for each person. In today’s blog post, I will give a quick overview of what the Canada Pension Plan is, and show you…
Canada Pension Plan New Rules
Have you been wondering how the new Canada Pension Plan rules are going to effect you? Well, today I had an interesting conversation with a journalist from The Toronto Star newspaper on this exact topic. So, I decided to put a brief summary together of some of the main points we discussed today. If you…
Not Your Dad’s Pension Plan
Pensions have changed a lot since the early days when employees could rely on a generous defined benefit (DB) plan to take them through their retirement years. DB plans, which guarantee a set payout on retirement, are being replaced by defined contribution (DC) plans or Group RRSPs. With these plans, there is no guaranteed benefit…