In this episode of Your Retirement Planning Simplified, we dive into smart tax strategies for retirement, and common mistakes to avoid when drawing income. We cover essential topics like income splitting, RRSP vs. RRIF withdrawals, TFSA strategies, and how to minimize OAS clawback. You'll learn how to optimize your withdrawal order, take advantage of tax credits for retirees, and avoid costly errors that could increase your tax bill. Whether you're approaching retirement or already retired, this episode will help you create a tax-efficient retirement income plan that keeps more money in your pocket.
Ep # 134 - Smart Tax Strategies for More Efficient Retirement Planning
Discover smart tax strategies for retirement in this episode of Your Retirement Planning Simplified! Learn how to minimize taxes, avoid OAS clawbacks, and optimize RRSP, RRIF, and TFSA withdrawals. We cover income splitting, CPP & OAS timing, and top tax credits for retirees. Tune in for expert
Lindsay Wilson
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