Sentences with phrase «minimize tax hits»

But both Roseen and Blanchett stressed that not every fund is a winner, and there are other ways to minimize the tax hit on investments.

That can actually be useful at the end of the year in terms of taxes because we can decide which lots to let go and which to keep to minimize the tax hit for our clients.

We want to minimize the tax hit on our RRSPs and so I have run various scenarios with the aid of the calculators.

Not exact matches

Taking those withdrawals makes sense in certain situations, such as when the goal is to minimize RMD amounts — and the associated income tax burden — when the account holder hits age 70 1/2.

The request must be made in writing in order to minimize the huge hit in capital gain taxes.

To minimize the hit, you might consider holding U.S. stocks (or ETFs listed on U.S. exchanges) in your RRSP or RRIF instead, because retirement accounts are exempt from these withholding taxes.