Category Archives: Taxable Income

Understanding the difference between a tax deduction and a tax credit will enable you and your advisor to apply strategies and employ financial tools to help you reduce the tax you pay on your retirement income. Tax deductions are subtracted … Continue reading

Posted in Taxable Income | Tagged , , , , , | Leave a comment

Last post, we talked about some investment considerations for your withdrawal portfolio. Today, we will continue on the additional ways you can maximize all the benefits offered from your income-producing assets. Today, we talk about fee structures. Look for a … Continue reading

Posted in Retirement Income Planning, Taxable Income | Tagged , , , , , | Leave a comment

There are a number of strategies and considerations that will be beneficial to you in obtaining the maximum benefit from your income-producing assets. Some have been addressed in previous posts such as: consolidate assets consider income streams as well as … Continue reading

Posted in Retirement Income Planning, Taxable Income | Tagged , , , , , , , | Leave a comment

The tax deadline is fast approaching so we felt it would be appropriate to talk about how to leverage your assets and reduce your taxed amount. The following Table 1.0 explains why fully-taxable dollars should be used to establish your … Continue reading

Posted in Retirement Income Planning, Taxable Income | Tagged , , , , , | Leave a comment

As you retire, your various income sources will be treated differently for tax purposes, which can include fully taxable, or tax favoured in the eyes of the Federal Government. This post is one of two parts that describe the different … Continue reading

Posted in Retirement Income Planning, Taxable Income | Tagged , , , , , | Leave a comment