TFSA

Three popular articles this week on HRinfodesk

November 16, 2017 Yosie Saint-Cyr, LL.B. Managing Editor Employment/Labour Standards, Health and Safety, Human Resources, Human Rights, Payroll, Pensions and Benefits

The three popular articles this week on HRinfodesk deal with the new cannabis smoke-free and road safety legislation, a successful age discrimination case, and a new WSIB self-evaluator.

age discrimination, Bill C-45, cannabis, Cannabis Act, deferred profit sharing plans, defined benefit plan, employment law, money purchase, Tax–Free Savings Account, TFSA

RRSP: Should professionals use it to save?

March 1, 2017 Jean-Pierre A. Laporte B.A., M.A., J.D. (of the Bar of Ontario) Payroll, Pensions and Benefits, Source Deductions and Reporting, Wages and Compensation

Unlike most Canadians who are not operating a business, many professionals have more options to them when it comes to retirement savings. The average Canadians employed by companies in the private sector will typically use the Registered Retirement Savings Plan or the Tax–Free Savings Account. The lucky few work for organizations that sponsor a registered pension plan, but their numbers seem to be declining every year as a percentage of the workforce not working in para–public employment.

employment law, GIS, Guaranteed Income Supplement, income in retirement, Income Tax Act, OAS, old age security, pension plans, pension rules, personal pension plans, Registered Retirement Savings Plan, RRSP, savings, savings plans, tax–assisted savings plans, tax–deductible contribution, Tax–Free Savings Account, TFSA