Efficient Markets
Efficient Markets
Mark Walhout
5. How can pension splitting and tax credits reduce my income taxes in retirement?
11 minutes Posted Feb 10, 2020 at 3:07 pm.
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Show notes

Welcome to episode 4 of Retire Me.

Today we talk about strategies that retirees can use to lower their tax bills in retirement.  We touch on topics including:

  • the types of income that can be split or shared in retirement
  • tax credits (coupons) that are available to retirees
  • how CPP sharing is different than income splitting
  • how a retired couple with $100k of family income can save 25% on their tax bill in the first year of retirement using income splitting and tax credits
  • Mark talks about his great skiiing adventure from Sunday with Sarah and the kids :)

Resources mentioned in the podcast are available on my blog at https://walhoutfinancial.ca/insights/retire-me-episode-5-how-can-pension-splitting-and-tax-credits-reduce-my-taxes-in-retirement

Thanks for listening!