While monitoring investing groups on social media and the internet we’ve seen several investors asking questions around taxes and US stocks held in a TFSA.
NSSC Blog: Before You Invest
The term alternative trading system (ATS) is used in Canada and the United States to refer to an automated trading system used to match orders from buyers and sellers of securities by using predetermined and established methods or rules. They are privately owned computer networks that match together buyers and sellers outside of regular exchanges.
As the name suggests, a Registered Retirement Saving Plan, or RRSP, is meant to be used to fund your retirement. Money contributed to an RRSP and must be converted to: a Registered Retirement Income Fund (RRIF) or annuity, or withdrawn by December 31st of the year you turn 71 years old.
First observed by the United Nations in 2012, World Elder Abuse Awareness Day recognizes that nearly every country across the globe will see a substantial growth in the number of older persons in the next decade. With the population of older persons increasing it unfortunately also leads to an increase in the amount of elder abuse.
Our regular question of the week segment will be taking a short break for the next five weeks. Every Wednesday throughout Seniors Month in June we’ll be republishing our blogs on financial elder abuse. Today we start with our blog post on What is financial elder abuse?