Tuesday, July 23, 2013

Monthly pension

Monthly pension

Question: I'm trying to enter a pension into one of my files; however, I'm not clear on how to do so. If someone has a $2,000/month pension, what do I put into lifetime pension payable at age 65? Answer: If it is a pension that will not grow...
TFSA savings after retirement date

TFSA savings after retirement date

Question: The software appears not to allow for savings to be allocated to TFSA after retirement date. Is there a way to grow my TFSA account after retirement? Answer: There are two places to enter TFSA amounts: In 'Registered Investments' for retirement purposes In Pre-retirement Budget, on the...
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