Oaken Blog

When it comes time to convert your RSPs or other accumulated savings into steady retirement income, the choices primarily come down to transferring funds into a RIF, or purchasing an annuity. read more

You’ve diligently saved for the day when you can finally leave the daily grind behind. read more

Like most homeowners, you likely chose your particular house based on a desire for certain features, such as a two-car garage or backyard pool, as well as the more practical issues of price and location. read more

On Friday, Finance Minister Bill Morneau announced that Ottawa intends to increase the minimum down payment requirement for some new home purchases early in the new year. read more

There was no mention of reducing the annual TFSA contribution in last Friday’s throne speech, however Finance Minister Bill Morneau confirmed the following Monday (December 7) that the $10,000 annual contribution limit would be rolled back to $5,500. read more

If you’re one of the thousands of Canadians who spend long stretches of time in the U.S. each year, you need to keep the number 183 in mind. Here’s why. read more

For every Canadian with a registered Retirement Savings Plan (RSP), an important event looms on the horizon – converting your RSP into a retirement income source. read more