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By Canada Life | Jan. 25, 2023 

It’s important to help your clients understand how different tax implications can affect their estate planning. In the event of their death, their RRSP, RRIF and/or TFSA plans may be impacted differently depending on the decisions they’ve made. Help them make the best decisions for their situation. 

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This material is for information purposes only and should not be construed as providing legal or tax advice. Reasonable efforts have been made to ensure its accuracy, but errors and omissions are possible. All comments related to taxation are general in nature and are based on current Canadian tax legislation and interpretations for Canadian residents, which is subject to change. For individual circumstances, consult with your legal or tax professional. This information is provided by The Canada Life Assurance Company and is current as of January 2023.

Canada Life and design, and Canada Life Investment Management and design are trademarks of The Canada Life Assurance Company.