This Tool Will 100% Lower Your Taxes In Retirement (Pension Income Tax Credit)

Описание: The pension income tax credit is an easy way to save on tax in retirement. In this video we'll go through how much you can save, as well as the eligible income that you are able to save on. Start incorporating this tax credit into your plan so that you can start saving!

Additional information:
https://www.advisor.ca/columnists_/fr...
https://www.taxtips.ca/filing/pension....

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If you have any questions about this video's topic or retirement planning in general, visit https://www.parallelwealth.com/ or use the links below to learn more about our services.

➡️Fee For Service Retirement Planning: https://www.parallelwealth.com/planning
➡️Retirement Income Program™: https://www.parallelwealth.com/invest...
➡️Parallel Wealth Masterclass: https://www.parallelwealth.com/education

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🔗️Retirement Income for Life: Getting More without Saving More (Second Edition): https://amzn.to/3tvIdVN
🔗️Free Credit Report with Borrowell: https://bit.ly/borrowellPWFG
🔗️CPP Calculator: https://research-tools.pwlcapital.com...

The above affiliate links are provided for your convenience. If you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each product and service we provide links to.

TIMESTAMPS
0:00 - Pension Income Tax Credit
0:28 - Tax Rates
1:05 - What Is It?
1:22 - Eligible Income
1:49 - RRSP To RRIF Conversion
2:38 - Non-Refundable
3:36 - How Much?
4:25 - Tax In Retirement
5:30 - Provincial Tax Credits
6:27 - Steps To Take

This presentation is intended for information purposes only and does not constitute an offer to buy or sell our products or services nor is it intended as investment and/or financial advice on any subject matter. Every effort has been made to ensure the accuracy of its contents. Certain of the statements made may contain forward-looking statements, which involve known and unknown risk, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Returns are not guaranteed and past performance may not be repeated.

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DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.