SAVE more money in RETIREMENT with Income Splitting

Today's video is all about Income Splitting. I believe all Retiree's should be paying as little as possible in taxes and if you understand where you can split your income it may save you a lot. This video is for those Retiree's that are married or common-law. By understanding this principal you can MAKE YOUR RETIREMENT REMARKABLE!Show more

-------CONTENTS OF THIS VIDEO-----
0:00 - INTRO
2:15 - WHAT IS INCOME SPLITTING
2:36 - WHAT INCOME CAN YOU SPLIT
3:46 - UNDERSTANDING CPP AND OAS
4:17 - IS INCOME SPLITTING BENEFICIAL?
6:33 - HOW TO SPLIT YOUR INCOME

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DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.

Eligible income for income splitting - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/pension-income-splitting/eligible-pension-income.html

Income splitting for those under 65 - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-31400-pension-income-amount/you-claim-pension-income-amount-3.html

Income splitting for those 65 or older - https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-31400-pension-income-amount/you-claim-pension-income-amount-5.html

Income sharing of CPP - https://www.canada.ca/en/services/benefits/publicpensions/cpp/share-cpp.html

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