Category Archive for: ‘Tax’

Know the Facts about dividends. They can be toxic when calculating OAS Clawback

Ken Stern, Aligned Capital Partners. This article was written by Wilmot George of CI Mutual Funds   As Canada’s baby boomers settle into retirement, many are being caught off guard by their complex financial situations. Getting the most out of Old Age Security (OAS), which for 2015 pays a maximum of $6,780, is a key challenge their advisors need to …

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The Incredible Shrinking Rate of Return

Thane Stenner

Ken Stern, Aligned Capital Partners Rates of return going forward won’t resemble those you’ve gotten used to in the past. Investors can find plenty of advice about how to make retirement money last. Some financial planners tout the 4-per-cent rule, where you withdraw no more than 4 per cent each year from your nest egg. Others recommend working a few …

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Optimize your after-tax income. If you own a corporation, listen up. You likely know some of these strategies.

Understanding The New Wealth Surtax2

When running a private business, you need cash flow to support your lifestyle. The challenge is minimizing personal taxes, while optimizing income. But removing money from your company for your benefit requires careful planning. Here are some of your options to extract cash. Each has unique considerations and income tax consequences. Salary and/or bonus These options are deductible by the …

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Do you think Estate Planning isn’t for you? Think again. Here are some pitfalls to avoid.

Signing Testament

To say estate planning can be problematic is a gross understatement. Administering an estate can be compared to undertaking a renovation—it’s almost guaranteed something will go wrong. It can be relatively minor, or land the estate in court and cause irreparable harm to family relationships. Most problems can be avoided or minimized and managed via good planning. This involves more …

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A portfolio is like a bar of soap. The more you touch it the smaller it gets.

Worried

Ken Stern, Aligned Capital Partners Set up a long-term investment plan and stick to it. It’s easy to say and difficult to do. What makes it so hard are the inevitable market extremes, which range from “I can retire today” euphoria to “I hate the stock market” depression. At both ends of the spectrum, it’s hard to see how your …

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