As 2015 draws to a close, let’s look back at the most popular — and most socially shared by your peers — Sun Life Retirement Resource Centre articles this year. Check out any you might have missed!
Did you know that you can share articles? Just look for the email, print and social-share buttons at the top and bottom of these articles.
Here are the 7 most-read articles of 2015:
Minimizing tax at death on registered retirement savings plans – part 1
When someone passes away, all or a large part of their registered plans could be taxed at the top marginal rate. How can you help reduce the tax impact for your clients? In this first article of a 2-part series, we look at 3 options for transferring a registered retirement savings plan (RRSP) at death.
Minimizing tax at death on registered retirement savings plans – part 2
When a client dies, their registered plans could face a major tax hit. Fortunately, there are ways to minimize the impact. The second article in this 2-part series looks at a fourth option for transferring an RRSP at death and addresses registered retirement income fund (RRIF) transfers at death.
What you and your clients need to know about owning foreign property
Every winter, thousands of Canadian snowbirds pack up their bags and venture anywhere that’s warm and without snow. A common Canadian strategy is to purchase a property and rent it out until the owners can retire there for the winter months, or sell it for a profit when the market is right. This article provides information to help you and your clients understand what’s happening in the snowbird market, the tax implications of owning a foreign property and the importance of estate planning.
7 legal documents to have ready at retirement
Before your clients retire, encourage them to obtain and organize these important documents.
What Canadian clients need to know about U.S. taxes – part 1
Canadians who own and transfer U.S. property in their lifetime or at death may face U.S. taxes. In this article, the first in a 2-part series, learn how U.S. estate taxes could impact your clients and ways to lower their tax bill.
A look at Canada’s emerging Filipino market
In the financial services industry, baby boomers and the echo generation represent significant markets. But there’s another group that warrants attention: new Canadians. As part of our emerging market series, this article explores the Filipino market. As this community continues to grow in Canada, advisors have a tremendous opportunity to encourage discussions about building and protecting savings, protecting families, covering future health needs and planning for retirement.
Explaining the new estate information return – who’s accountable? What’s required?
A new process has been added to the Ontario Estate Administration Tax Act. Find out what this means for trustees, practitioners and clients, and who could be held accountable.
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