Tuesday, October 22, 2013

Year-end financial planning tips you can't afford to ignore

End of yet another year is fast approaching, there are some financial considerations to ponder and proactively look now to maximize future gain.

Here are some tips that you can't afford to ignore:

1. Top up your TFSA's.
2. Crystallize Capital Losses.
3. Make a Charitable Donation before Dec 31.
4. Prepay expenses eligible for tax credits.
5. Maximize the effectiveness of RESP's.
6. Age 71 this year? Convert RRSPs to an income option.

Click here to read more about the above tips.

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