Bank of Nova Scotia (TSX:BNS) is up about 28% in the past year. Dividend investors are wondering if BNS stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolio. Bank of Nova Scotia stock Bank of Nova Scotia trades near $75 per share…
Image source: Getty Images Fortis (TSX:FTS) is up 10% in the past six months. Dividend investors who missed the bounce are wondering if FTS stock is still undervalued and good to buy for a self-directed Tax-Free Savings Account (TFA) or Registered Retirement Savings Plan (RRSP) focused on dividend growth and total returns. Fortis stock price…
Retirees and other income investors can take advantage of their Tax-Free Savings Account (TFSA) limits to build portfolios of Canadian investments to generate tax-free passive income. TFSA limit The TFSA limit in 2024 is $7,000. This brings the cumulative maximum contribution space to $95,000 for anyone who has qualified every year since the launch of…
Canadian retirees are searching for ways to get better returns on their savings without being bumped into a higher tax bracket or getting hit with an Old Age Security (OAS) pension clawback. One strategy for generating tax-free income is to hold top TSX dividend stocks inside a Tax-Free Savings Account (TFSA). TC Energy TC Energy…
Retirees and other income investors are searching for good Canadian dividend stocks to buy for their self-directed Tax-Free Savings Account (TFSA) portfolios. The big jump in the TSX over the past year wiped out some of the best deals in the market, but investors can still find good high-yield dividend stocks trading at reasonable prices….
Canadian investors are searching for top TSX stocks to add to their self-directed Registered Retirement Savings Plan (RRSP) portfolios focused on dividends and total returns. With the TSX near a record high, it makes sense to look for stocks with long track records of delivering dividend growth. Bank of Nova Scotia Bank of Nova Scotia…
The maximum CPP (Canada Pension Plan) benefit for a 65-year-old starting the payout in 2024 is $1,364.60. However, you can earn an additional 8.4% for every year the pension is delayed, increasing the maximum payout for a 70-year-old by 42% to $1,937.73. But how can you earn the maximum CPP benefit in retirement? The CPP…
Canadian pensioners are always looking for ways to get better returns on their hard-earned savings. The decline in rates offered on Guaranteed Investment Certificates (GICs) in recent months is driving a transition of funds back into top TSX dividend stocks that pulled back as interest rates increased. Investors who missed the rally that has occurred…