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Jim Yih

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Investing Advice

Three Things Canadians Should Know About the Tax-Free Savings Account

July 1, 2011 / Jim Yih
Happy Canada Day to all our Canadian Mint Users! In honor of the holiday, we thought we’d take a closer look at one of the latest and greatest benefits that you, our northern neighbors, get to enjoy: Tax-free savings accounts!...

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Financial Goals

RRIF Basics: 4 Common Questions on Registered Retirement Income Funds

May 17, 2011 / Jim Yih
In Canada, the primary savings vehicle for retirement is the Registered Retirement Savings Plan (RRSP). The RRSP is an account that is designed to accumulate money for retirement. I often describe the RRSP as a bucket of money. When you...

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Financial Goals

Hey Canadians, How Much Will the Government Pay You In Retirement?

March 10, 2011 / Jim Yih
photo: Kevin Timothy Retirement is a big uncertainty for many in the United States, study after study showing dismal average 401(k) balances and predicting a bleak future for Social Security benefits. North 0f the border, things are different. In Canada,...

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