Tag: seniors

Ask MoneyTalk: When can seniors lose their principal residence exemption?

It’s a stressful time for the family when parents get older, but if they move from a home to a senior’s facility, they may be at risk of losing their principal residence exemption. Kim Parlee talks to Georgia Swan, a Tax and Estate Planner with TD Wealth, about what seniors have to know.

May 12, 2021

Retirement / Family / House

Is there tax relief available if I’m caring for an aging parent?

Many families looking after elderly relatives right now could also be strained financially as they provide necessities for those who need help. Kim Parlee talks to Georgia Swan, a Tax and Estate Advisor with TD Wealth, about what tax credit options are available.

September 1, 2020

Family

Banking during lockdown: Four online tools seniors are embracing

More seniors have turned to mobile and online banking during the COVID-19 pandemic. Here are four ways technology has made it easier than ever to manage your money safely at home.

June 25, 2020

Retirement

How will COVID-19 impact my RRIF withdrawals?

The economy has been shaken and many investments — including those within your RRIF — have seen declines. Tannis Dawson answers some common questions you may have about how to manage your retirement income now.

May 4, 2020

Family / Spend /Play /Travel

Recession survival guide

If the COVID-19 pandemic should push the global economy into a recession, what will you do to protect your finances? Here are some ideas.

April 2, 2020

Family / Spend /Play /Travel

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