Author Archives: Michael Greenwood, CPA, CA, CFP, TEP

About Michael Greenwood, CPA, CA, CFP, TEP

Michael Greenwood - is principal and managing partner at Pelorus Transition Planning and has over 25 years of experience in finance, tax, consulting and business operations. READ MORE

Things to Consider Before Withdrawing Funds From Your RRSP

Money withdrawn from an RRSP not only reduces the number of dollars building your retirement fund, but also can create a substantial tax liability. Source:  Business Matters Volume 24, Issue 3

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Is Your Tax-Free Savings Account a Missed Opportunity?

Tax Free Savings A Tax-free Savings Account (TFSA) is a missed opportunity for many Canadians who have either not set up a TFSA or are using it to hold low interest GICs. The attraction of a TFSA is tax-free investment … Continue reading

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Use the Waterfall Wealth Transfer Concept to Benefit 3 Generations

How would you like to invest money on a tax sheltered basis that you could access if needed and also be able transfer wealth tax-free to your child and your grandchild when you decide? In other words, create something like … Continue reading

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