1) Submit the T1213 with proof that i contributed one huge lump sum of money (Initial RRSP account opening) using EFT transfers (maxing out my RRSP deduction limit for 2008) to a RRSP account this month (July) and they'll figure out how to deduct taxes from each paycheque for the rest of the year (squawkfox.com)
If you've ever seen The Shark Tank, the American Dream is to create a product and sell it to an investor and make millions of dollars, whether it be for recurring passive income, or whether it is a huge lump sum payment, but why not try your hand at creating another passive income strategy for 2016. (creatingapassiveincome.com)
Now, most of us don't have the luxury of receiving a huge lump sum of cash and earn it over time through employment, dividends, rent, etc. but it is something to consider the next time you receive a windfall. (clearfunds.com)