Episode 38: How Income Splitting Can Help Lower Your Family's Tax Bill
Your Canadian Retirement Specialist
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Show Notes
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Changes to Canadian tax law sometimes creates myths around what can and can't be done to lower a tax bill.
This is the case with income splitting, which many Canadians now believe can't be done.
The good news is that income splitting is still a strategy that families can use to save money annually.
If you and your spouse are looking for ways to lower the amount you pay in income tax, then income splitting might be the ideal solution for you.
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Regan Schiller holds his Certified Financial Planner, Registered Retirement Consultant and Certified Life Underwriter designations. He is an Executive Financial Consultant licensed under Investors Group Securities Inc.Mutual funds and investment products and services are offered through Investors Group Financial Services Inc. (in Québec, a Financial Services firm). Additional investment products and brokerage services are offered through Investors Group Securities Inc. (in Québec, a firm in Financial Planning). Investors Group Securities Inc. is a member of the Canadian Investor Protection Fund. Commissions, fees and expenses may be associated with mutual fund investments. Read the prospectus before investing. Mutual funds are not guaranteed, values change frequently, and past performance may not be repeated.
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