YU # 11- MORE RETIREMENT PLANNING (

YU # 11- MORE RETIREMENT PLANNING ( - LECTURE 11 MORE...

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LECTURE # 11- MORE RETIREMENT PLANNING (CHAPTER #17)/BUYING A HOME AND MORTGAGE FINANCING (CHAPTER #13) AGENDA: 1. Current Business Events 2. Retirement Planning Tools 3. New Tax Planning Rules for Retirement Income 4. Chapter #13-Mortgaging your home. 5. Discuss review for next week.
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Retirement and the 2007 Federal Budget Turning 60 just got a little easier! The 2007 Federal Budget included three key tax measures designed to allow retirees to ease into retirement and lower their tax burden once they're finally out of the workforce.
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Retirement and the Federal Budget- Continued Tax Fairness for Seniors Raising the age limit where Canadians have to convert their RRSP to a RRIF from 69 to 71. Introducing “phased-in” retirement; and $1,000 increase to the age credit to $5,066.
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Retirement and the Federal Budget- Continued INCOME SPLITTING The most popular measure for Seniors was pension splitting , which was first introduced in October 2006 and reintroduced in the 2007 budget.
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This note was uploaded on 10/16/2011 for the course ADMS 3541 taught by Professor Staff during the Fall '10 term at York University.

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YU # 11- MORE RETIREMENT PLANNING ( - LECTURE 11 MORE...

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