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Eyes on your Money with Ryan and Becky
Accessible Media Inc.
11 episodes
8 months ago
Hosted by Becky Armstrong and Ryan Chin, Eyes On Your Money is a podcast focused on managing your finances.
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All content for Eyes on your Money with Ryan and Becky is the property of Accessible Media Inc. and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Hosted by Becky Armstrong and Ryan Chin, Eyes On Your Money is a podcast focused on managing your finances.
Show more...
How To
Arts,
Education,
Business,
Investing,
Books
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Start the Savings!
Eyes on your Money with Ryan and Becky
33 minutes 31 seconds
2 years ago
Start the Savings!
"In this month’s podcast, Ryan and Becky introduce listeners to the world of Registered Savings Plans and their related tax benefits. If you are ready to start saving, this is the episode for you. The three main take aways from this episode: 1) Just get started. Don’t worry about not having large deposits. It is important just to get going on a savings plan. 2) If you need help, talk with a financial advisor. Find one you trust as they can help you document your goals and plans. 3) Register with CRA for a My CRA account. You can find out how much contribution room you have for each plan. Helpful links: Setting up your account with CRA: https://www.canada.ca/en/revenue-agency/services/e-services/cra-login-services/cra-user-password-help-faqs/registration-process-access-cra-login-services.html RRSP information: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/registered-retirement-savings-plan-rrsp.html The Tax-Free Savings Account: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/tax-free-savings-account.html The Tax-Free First Home Savings Account: https://www.canada.ca/en/department-finance/news/2022/08/design-of-the-tax-free-first-home-savings-account.html What is the Home Buyers' Plan (HBP)? https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/rrsps-related-plans/what-home-buyers-plan.html Lifelong Learning Plan (LLP): https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4112/lifelong-learning-plan.html "
Eyes on your Money with Ryan and Becky
Hosted by Becky Armstrong and Ryan Chin, Eyes On Your Money is a podcast focused on managing your finances.