by Finuity | Jan 23, 2024 | Finances
Savings/Pensions RRSP contributions: Maximum contribution for 2023: $30,780 Last day for 2023 contribution: February 29, 2024 Maximum contribution for 2024: $31,560 January 1: new RRSP contribution room becomes available for 2024 December 31: deadline to contribute to...
by Aaron Mumby | Oct 3, 2023 | Finances
Supporting Adult Children: The Unforeseen Challenge to Baby Boomer Retirement In an era where financial responsibility is critical, there’s an unexpected tension point lurking in many households: the Baby Boomers— the generation that’s now knocking on...
by Finuity | Aug 29, 2023 | Finances
In 2021 alone, 67,815 Canadians fell victim to financial fraud, losing more than $380 million, according to the Canadian Anti-Fraud Center. Disturbingly, fraud stands as the No. 1 crime against older Canadians. This issue isn’t isolated to Canada. That same...
by Finuity | Jul 19, 2023 | Finances
Understanding the Cost and Cash Flow Implications The financial landscape is ever-changing, and the interest rate is one of the most impactful components. As interest rates rise, borrowers must prepare for potential increases in their loan costs. Understanding the...
