How to avoid a pension clawback from a one-time event

Q: Are you aware of the “one-time event” in the CPP and CRA regulation that avoids any clawback of the OAS/CPP if your revenues exceed the threshold due to a one-time event? – Mike A: I find there is a lot of misunderstanding about the clawback of government pensions. Some people aren’t clear on how…

Is paying off debt with a $250,000 inheritance a good idea?

Q. I have a question about my soon-to-be gift/early inheritance. My amazing parents are (as I type!) downsizing and moving into a seniors community. With this downsizing, they have decided to gift between $200,000 and $250,000 to me when the literal and figurative dust settles, which should be about 3 months from now. This leaves…

When does investing in flow-through shares make sense?

Q. My wife and I are nearing the end of our working careers. We are big planners and have a financial plan that we have been successfully working with for over 15 years. My wife will be retiring from teaching in two to three years with a full pension. As a part of our plan…

How to use ETFs in your child’s RESP

Q. Several years ago, an advisor recommended I hold a Canadian dividend ETF in an RESP for my son. Would this still be a good approach for someone just starting an RESP for their baby, or is there a better alternative, given the increasing number of ETF options? – Pete in Halifax A. In many…

Win 1 of 2 HARIBO hampers

Reading Time: 2 mins This week we’re giving you the chance to win 1 of 2 HARIBO hampers.   Prize HARIBO is gifting two lucky fans a cracking sel’egg’tion of treats just in time for Easter. Ideal for those who enjoy a change from chocolate, this ‘egg’cellent assortment includes a fun mix of goodies to…

Free Simply Cook Box

Reading Time: 1 min Simply Cook are giving away FREE recipe boxes. Each box contains 12 ingredients to create 4 meals, picked by expert chefs. To get yours, pick a box, enter your details and pay just £3 delivery. It’s a bit annoying that you have to pay for delivery, however the box is worth…

Ben and Jerry’s Free Cone Day

Reading Time: 1 min Ben & Jerry’s Free Cone Day is happening again this year on Tuesday, April 9, between 12pm – 8pm Free Cone Day is being celebrated in Scoop Shops around the world, & they’ll be giving away free ice cream at a host of locations between 12pm and 8pm! This is from…

Deal of the Week: Cubic Zirconia Crystal Bracelet £0.48

Reading Time: 1 min This is an absolute bargain! Get this sparkly, gorgeous silver bracelet for £0.48 plus FREE DELIVERY. Delivered from Amazon, so you know it’s reliable. Be warned however that it may take a little while to arrive. Worth it for the price though, we reckon. Description Shining crystal inlaid bracelet for women,…

Free Bad Norwegian Men’s Moisturiser

Reading Time: 1 min Get your sample of this everyday facial moisturiser from men’s skincare specialists Bad Norwegian today! Formulated and designed with men in mind. Bad Norwegian products focus on clean functionality and classic style rather than the pretty packaging and floral scents of many female-focused products. The non-greasy moisturiser has no scent or…

How to make well turned-out divorce settlements

Reading Time: 2 mins How should it end, when marriage counsellor also fails to convince the couple to patch up? To get rid of it and start fresh, most of the couples decide to settle through a mutual-consent divorce. It has been observed & witnessed many couples realized that mutual-consent divorce is necessary. It is…

Win a £100 Weird Fish clothing voucher

Reading Time: 2 mins This week we’re giving you the chance to win a £100 Weird Fish clothing voucher.   Prize We’ve teamed up with Weird Fish clothing to offer one lucky person the chance to win a £100 clothing voucher to spend online. Inspired by the great outdoors, Weird Fish creates well-made, easy-going clothes…