GM has a secret to help sell its new EVs. It’s Costco.
Economy

GM has a secret to help sell its new EVs. It’s Costco.

Customers exit a Costco store in Teterboro, New Jersey, June 28, 2023. Kena Betancur | Corbis News | Getty Images DETROIT — General Motors has a not-so-secret weapon when it comes to getting U.S. consumers into its new all-electric vehicles: Costco Wholesale . The Detroit automaker said it’s increasingly using the retail giant’s Costco Auto […]

The quiet Apple executive behind Apple’s AI strategy
Economy

The quiet Apple executive behind Apple’s AI strategy

Apple is behind on artificial intelligence. Now, the company is getting ready to unleash its first wave of user-facing AI products. And behind that push is John Giannandrea, a Silicon Valley veteran who is Apple’s top executive in charge of AI strategy. On Monday, Apple will hold its annual developers conference, called WWDC, where it’s […]

What the Dutch right-wing election surge tells us as Europe heads to the polls
Economy

What the Dutch right-wing election surge tells us as Europe heads to the polls

The Netherlands far-right PVV Freedom Party leader Geert Wilders speaks to the media representatives following the European Parliament elections provisional results in The Hague on June 6, 2024. Emiel Muijderman | Episode | Getty Images Sweeping gains for Dutch nationalist Geert Wilders’ anti-immigration party on Thursday are expected to foretell a wider shift to the […]

Death of a RRIF Annuitant
Estate Planning

Dealing with a RRIF Account Upon Death

Naming a beneficiary on your RRIF account allows you to avoid probate fees as your RRIF account upon death will not be part of your estate. If you have a RRIF, it’s important to make […]

Qualifying Factor
Retirement Planning

Qualifying Factor of 85

Plan sponsors specify a “normal” retirement age, the age where a plan member can retire with a full pension in retirement. This age is typical 65. However, for many plans, it is not 65. The […]

Spousal RRSP Withdrawals
Tax Planning

Splitting Income with a Spousal RRSP

Spousal RRSP allow tax payers to effectively split income and save on tax. This is especially true when there is a large income disparity between spouses. Spousal Registered Retirement Savings Plan are opened in the […]

Taxation of RRIF
Tax Planning

Withdrawing from a RRIF

At the end of the year you turn 71, your RRSP matures and you must convert it to a Registered Retirement Income Fund. Withdrawing from a RRIF is based on a minimum percentage that would […]

Judge seems skeptical of Tiger Woods’ ex-girlfriend’s claims
World

Judge seems skeptical of Tiger Woods’ ex-girlfriend’s claims

STUART, Fla. (AP) — A Florida judge appeared skeptical Tuesday to arguments made by an attorney for superstar golfer Tiger Woods’ ex-girlfriend Erica Herman, who is trying to invalidate a nondisclosure agreement that would require the ongoing legal disputes between the two be decided privately by an arbitrator. During a 45-minute hearing, Circuit Judge Elizabeth… […]