Maximize tax breaks by equalizing joint retirement incomes, experts say

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No matter where you stand in your financial life, it’s never a bad time to look at your readiness for retirement. 

But planning for those “golden years” with a spouse or common-law partner is naturally more intricate than doing so alone, particularly if you want to use equalizing income strategies that maximize savings and tax breaks.

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Original Article Source Credits:   CPA CANADA , https://www.cpacanada.ca/

Article Written By:  SOPHIE NICHOLLS JONES

Original Article Posted on:  5.6.2021

Link to Original Article:  https://www.cpacanada.ca/en/news/canada/2021-05-06-couples-retirement-equalizing-incomes

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