Sentences with phrase «like pension income splitting»

Both firms have free online versions for students or those with simple returns, but don't miss transferring unused credits or optimizing provisions like pension income splitting between family members.

Not exact matches

Since CPP is not eligible for retroactive pension income splitting on your tax return like other forms of eligible pension income, pension sharing is something to consider proactively when applying for your pension.

Pension income splitting allows you to split eligible pension income, which generally includes income like defined benefit pension benefits, RRIF withdrawalsPension income splitting allows you to split eligible pension income, which generally includes income like defined benefit pension benefits, RRIF withdrawalspension income, which generally includes income like defined benefit pension benefits, RRIF withdrawalspension benefits, RRIF withdrawals, etc..

Like work pensions, income from RRIFs and LIFs can be split with a spouse to reduce taxation (once plan holders reach 65).