Sentences with phrase «use pension income splitting»

Ideally, you should use pension income splitting to try to minimize your overall annual tax as a couple each year.

Not exact matches

Pension income splitting and the new Family Tax Cut are other easy measures that can be used to split income and reduce tax retroactively on your tax returns.

While I used the common example of a spouse with a large DB pension, employer - sponsored Defined Contribution (DC) plans are also considered eligible pension income for pension splitting purposes.