We continue to look into the basic information you need to know about your RRSP/PRPP contributions and deduction limits in this last part of our blog series. Who can contribute to a RRSP / PRPP? Generally you can contribute to your RRSP and PRPP until December 31st of the year you turn 71 years old and when you have available RRSP/PRPP deduction limit room. Note that you can contribute to your spouse’s or common-law partner’s RRSP until December 31st of the year that he or she turns 71 years old. When is the deadline to contribute to a RRSP/PRPP for the...
Continue reading
Rate this blog entry:
0
As we get closer to the deadline for RRSP contributions, we want to share these basic details about RRSP/PRPP contributions and deduction limits. One of the first things you have to know when contributing to a Registered Retirement Savings Plan or a Pooled Registered Pension Plan (PRPP) is your deduction limit. Often called “contribution room,” your deduction limit is:- The amount you can contribute to your RRSP or PRPP;- The amount that you can contribute to your spouse or common-law partner’s RRSP;- The amount your employer can contribute to your PRPP; - The maximum you can deduct on your tax return,...
Continue reading
Rate this blog entry:
0
In this 2nd part of our blog series on the risks in using digital currency, we’ll look at 3 more risks that you have to be aware of to be able to protect yourself when you do get into buying and using Bitcoin or any other type of digital currency. Exchanging your digital currency may prove to be challenging. Digital currencies can be difficult to buy and use. It is not easy to exchange them for cash or purchase goods and services. Right now, there are very few merchants that accept digital currencies and they are not required to exchange your...
Continue reading
Rate this blog entry:
0
We continue our blogs on digital currencies this week. On this blog, we’ll look at the risks in using digital currencies. As with any other financial transactions – or really with any other transaction done online – there are certain risks. So before you start getting into Bitcoin, know what the risks are. There are very few protections in place when using digital currencies. As digital currencies are not issued or governed by a single organization such as a central bank or government, you will have fewer protections when using them. It is not like using a credit card or debit...
Continue reading
Rate this blog entry:
0
Subscribe

If you have a question about one of our products or services, please do not hesitate to contact us!
Please Enter Your Name
Please Enter A Valid Email
Please Enter Your Phone Number
Please select your preferred method of contact.
Refresh Please letters shown!

KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

Read our Tweets