Cancel those MSP payments
Government reminds public that premiums have been eliminated If you were paying your medical services plan premiums via automatic payment through your credit card or bank account, don’t forget to cancel it. That’s because MSP payments are a thing of the past in 2020, as the B.C. government has essentially transferred the tax to businesses. […]
Grouse Mountain sold
North Vancouver’s Grouse Mountain ski resort sold Grouse Mountain Resort in North Vancouver has been purchased by Northland Properties Corp., a British Columbia-based company that owns restaurants, hotels and the NHL’s Dallas Stars. Northland announced in a news release Thursday that it had entered into an agreement to buy the resort from CM (Canada) Asset […]
Here’s why you might not want to move all your IRA money to a Roth
Before moving all your assets from a traditional individual retirement account to a Roth version, you might want to consider leaving some behind. Yes, Roth IRAs grow tax-free, qualified withdrawals are untaxed and the accounts come with no lifetime required minimum distributions, or RMDs. However, traditional IRAs offer some potential tax benefits that disappear once […]
4 Retirement Planning Rules to Live By
Retirement is a pleasant prospect to look forward to, but if you go into it carelessly, you may wind up miserable and cash-strapped rather than laid-back and content. To give yourself a better chance of landing in the latter scenario rather than the former, you’ll want to follow these important rules. 1. Know how much […]
Don’t fall prey to the stock market’s banner year
The stock market surged in 2019, closing out the end of the decade by posting its best annual gain in six years. But investors hypnotized by the prospect of big profits should temper any knee-jerk reaction to load up on stocks as the new year gets under way. Charlie Fitzgerald, a financial advisor at Moisand […]
How to create a retirement ‘paycheck’
Your expenses don’t end when your paychecks do, but creating a reliable income stream in retirement can be tricky. The right choices can result in sustainable income for the rest of your life. The wrong choices could leave you uncomfortably short of cash. In fact, retirement includes so many important, potentially irreversible decisions that most […]