Retirement Planning

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Retirement Planning

Lakers Trade Rumors: Talen Horton-Tucker Being Shopped Ahead of February Deadline

Thearon W. Henderson/Getty ImagesThe Los Angeles Lakers are reportedly open to trading one of their young players.Dan Woike and Broderick Turner of the Los Angeles Times reported that the Lakers are shopping 21-year-old swingman Talen Horton-Tucker in trade discussions. They noted that Los Angeles doesn’t have many other assets to try to upgrade its roster.”Rival general… […]

Clawback of OAS
Retirement Planning

Old Age Security Clawback

If your net worldwide income exceeds a certain threshold, there may be an Old Age Security clawback on the payments you’ve received. For example, if your net worldwide income exceeds the threshold amount which for […]

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Retirement Planning

Robinson Cano Reportedly Released by Padres amid Struggles

Matt Thomas/San Diego Padres/Getty ImagesThe San Diego Padres are parting ways with second baseman Robinson Cano, per team sideline reporter Annie Heilbrunn:Annie Heilbrunn @annieheilbrunnI’m told Robinson Cano is officially no longer with the #Padres. He’s already been informed.Cano signed with the Padres on May 13. He had just three hits in 33 plate appearances (.094… […]

Sharing CPP Pension
Retirement Planning

Sharing CPP Benefits

Many spouses and common law partners can opt in sharing CPP benefits with one another in order to realize tax savings. In order to do so, you must: Be receiving the pension or be eligible […]

Calculating Defined Benefit
Retirement Planning

Defined Benefit Pension Plan Formula

Defined benefit pension plan formula allows an employee to calculate how much their retirement benefit might be. Defined benefit plans are typically the preferred choice for unions and employees as they promise a guaranteed monthly […]

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 […]

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Retirement Planning

Avalanche Praised for Explosive Offensive Outburst in Wild Game 1 Win vs. Oilers

Justin Edmonds/Getty ImagesIn the time it takes you to read this sentence, the Colorado Avalanche and Edmonton Oilers may have scored two more goals.Tuesday’s Game 1 of the Western Conference Final was a track meet on ice that Colorado won 8-6. The Avalanche’s attack overwhelmed Edmonton’s defense from the start, and they are now three… […]