RRSP Meltdown + Delayed CPP: A Powerful Combo to Cut Your 2025 Tax Bill скачать в хорошем качестве

RRSP Meltdown + Delayed CPP: A Powerful Combo to Cut Your 2025 Tax Bill

Discover the "RRSP Meltdown" – a strategy for drawing from your RRSP/RRIF early to manage tax brackets (like Ontario's ~$93K threshold) and reduce future estate taxes. See how delaying CPP to age 70 enhances this approach, allowing for larger tax-efficient withdrawals, as illustrated with Dave's case study. This powerful combination requires careful consideration of personal factors like health and RRSP size for optimal results. -------------------------------------------------- ➡️ CHAT with Us: https://tinyurl.com/ChatWithBeckerOrr ➡️ Get Our Newsletter: https://tinyurl.com/BeckerOrrNewsletter -------------------------------------------------- Chapters: 00:00 Introduction & Betty’s Question 00:22 What is an RRSP Meltdown? 01:04 Coordinating RRSP Meltdown with CPP 02:21 CPP at Age 60 vs RRSP Withdrawals 02:56 CPP at Age 65: Benefits and Payouts 04:23 CPP at Age 70: Maximum Payouts 05:36 Factors Influencing CPP Timing 06:03 Final Thoughts on Meltdown Strategy #RRSP #FinancialPlanning #Retirement WHO ARE WE? Clinton and Kevin are with Becker Orr Wealth Management and are both Portfolio Managers with Canaccord Genuity Wealth Management. Combined they have over 40 years of experience. DISCLAIMER All views expressed in this (video or presentation) are provided for informational purposes only and does not constitute an offer or solicitation to buy or sell any securities. The statements expressed herein are not intended to provide tax, legal or financial advice, and under no circumstances should be construed as a solicitation to act as a securities broker or dealer in any jurisdiction. All views are intended for general circulation only and do not have any regard to the specific investment objectives, financial situation or general needs of any particular person, organization or institution. Please do not hesitate to contact us should you want to know more about the information contained in this (video or presentation) or have any related questions. Canaccord Genuity Wealth Management is a division Of Canaccord Genuity Corp., Member-Canadian Investor Protection Fund (CIPF) and The Canadian Investment Regulatory Organization (CIRO)