Tax Brackets for Parents & Seniors Are Way Different Than You Think!

Tax brackets for parents and seniors are way different than you think.

This might be a real eye opener for some people because I think a lot of people that do some basic tax planning are doing it all wrong.

In my latest podcast episode I'm going to give you a tax planning made easy using tax brackets.

I'm going to show you how, some basics of tax brackets, and briefly how tax planning is done, so you can get the concept.

Then we're going to talk about why tax brackets for parents and seniors are way different than you think - and how this completely changes tax planning.

You'll learn:

• Tax planning made easy using tax brackets.

• Why are tax brackets for parents way different?

• Why is the CCB Clawback a game changer for your tax planning?

• What are the actual effective tax brackets for parents?

• Why do parents benefit more from RRSP contributions than single people?

• Why are tax brackets for seniors way different?

• What are the three main clawbacks on seniors?

• What are the actual effective tax brackets for seniors?

• How can you plan for your retirement income to be taxed at only 20%?

• When is a TFSA and RRSP better for you?

• How does a financial plan become the GPS for your life?