The Greenard Index

Kevin Greenard

Kevin Greenard, CPA CA FMA CFP CIM, is a portfolio manager and director of wealth management with the Greenard Group at Scotia Wealth Management in Victoria. His column appears every week in the Times Colonist.

Kevin Greenard: It’s tax time — will you do it yourself, or hire a professional?

In 1988, I got my first job working at an accounting firm. It was a great year to start in the accounting world as most clients were still doing everything manually. Individual tax packages could . . .

Darron KlosterMarch 15, 2019
Kevin Greenard: Do you need to make income tax instalment payments?

Twice a year, Canada Revenue Agency sends out instalment reminder letters to those taxpayers who are required to make payments. The February letter outlines the required payments on, or before, . . .

Kevin GreenardMarch 8, 2019
Kevin Greenard: When to stop contributing to an RRSP

Most articles are written about “contributing” to an RRSP. This one highlights that many people should either avoid RRSPs or stop contributing to them. Going a step further, calculations should . . .

Kevin GreenardMarch 1, 2019
Kevin Greenard: Many couples should consider spousal RRSPs

For couples that make approximately the same annual income, a spousal RRSP may not be necessary. The greater the disparity between incomes with couples, the more important it is to consider spousal. . .

Kevin GreenardFebruary 22, 2019
Kevin Greenard: Investment options within your RRSP

The key word in Registered Retirement Savings Plan is savings. The government allows Canadians to defer up to 18 per cent of the previous years earned income, up to a maximum of $26,230 for the . . .

Kevin GreenardFebruary 15, 2019
Kevin Greenard: 50 questions to consider before making an RRSP contribution

An RRSP could be an important vehicle in reducing the amount of tax you pay in your lifetime. However, an RRSP may not be for everyone. Last week, we reviewed marginal tax brackets and took a . . .

Darron KlosterFebruary 8, 2019
Kevin Greenard: The mathematical approach to RRSP contributions

The Income Tax Act allows you to contribute up to 60 days after the end of the year to your RRSP. For the 2018 tax year, the last day to contribute is Friday, March 1. This 60-day buffer gives . . .

Kevin GreenardFebruary 1, 2019
Kevin Greenard: Linking family accounts has many benefits

Within financial services, the term family is referred to as a household. A household used to be defined as those people who resided at the same address, but now extends beyond a single physical . . .

Kevin GreenardJanuary 25, 2019
Kevin Greenard: Understanding TFSA beneficiary terminology

The Tax Free Savings Account (TFSA) is a registered account. One of its features is the ability to name a beneficiary. When we are opening a TFSA for a client, they must advise us who they would . . .

Kevin GreenardJanuary 18, 2019
Kevin Greenard: Strategies help contribute to your TFSA early

Last week we mentioned the Tax Free Savings Account contribution limit was increased to $6,000 for 2019. Contributing early on, say this month, isn’t always easy. Holiday bill payments, . . .

Kevin GreenardJanuary 11, 2019
Kevin Greenard: TFSA limit increased to $6,000 for 2019

The Tax Free Savings Account turns 10 this month and many Canadians have fully embraced the benefits that come from tax-efficient investment income and growth within these accounts. The federal . . .

Kevin GreenardJanuary 4, 2019

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