Personal Finance Investing & Wealth For High Income Professionals
Spreading the income between both partners keeps marginal tax rates as low as possible. Like a sprinkler. Less evaporates via the tax bill and more soaks into the soil of the family plot to nourish your family. Learn how to plan your household’s financial irrigation system to grow your family’s financial garden. Even in the Canadian climate.
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I recently did a post on leveraging your home equity to invest and building the taxable account of a lower[…]
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When I started this Blog of Ice and FIRE, I likened the medical climate in Canada to the seasons of[…]
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We have previously discussed trying to build up a lower income spouse’s personal investment account as one of many strategies[…]
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Previously, we took a very detailed look at how spousal loans work as part of a multi-pronged income splitting strategy.[…]
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A spousal loan is one of many strategies for income splitting. We examined how a spousal loan could help Professor[…]
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Learn how to reduce your tax bill by building investments attributed to a lower income spouse. Without running afoul of the attribution rules.
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Most people think of Registered Retirement Savings Plans (RRSPs) as being for retirement. Duh, it’s in the name. However, for[…]
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As I eluded to in my prologue post about keeping the sprinkler running, there are still methods of income splitting[…]
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Happy New Year! 2018 is here and with it the new rules to limit income splitting by Canadian small businesses[…]
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