Search found 3 matches

by sparky62
Sun Nov 30, 2014 11:29 pm
Forum: General questions and comments
Topic: Setting Multiple Retirement Spending(s)
Replies: 3
Views: 4115

Re: Setting Multiple Retirement Spending(s)

Hi jimr, Thanks for your response. I have re-entered as "Other Expenses" for the years of income from 56-64 as $45,000 and 65 - End as $35,000. Which makes sense. Now I am just trying to verify all of the results. Still trying to figure out why the annuity income after 70 has no taxes, even though I...
by sparky62
Sat Nov 29, 2014 5:38 pm
Forum: General questions and comments
Topic: SPIA Purchase from Tax Deferred Account
Replies: 1
Views: 2561

SPIA Purchase from Tax Deferred Account

Hi, Just wondering how you would enter the purchase of a SPIA from a tax deferred account (RRSP) and then the annuity income which is now also deferred taxable income from that point on. Right now I have entered the purchase into the additional inputs screen - but it appears that I am fully taxed on...
by sparky62
Sat Nov 29, 2014 5:23 pm
Forum: General questions and comments
Topic: Setting Multiple Retirement Spending(s)
Replies: 3
Views: 4115

Setting Multiple Retirement Spending(s)

Hi, Just wondering if there is some way to set a fixed (todays dollars) retirement income for different periods. For example, here in Canada, it is advantageous to withdraw to the top of first income bracket of around $45,000 per year before aged 65 from our tax deferred account (RRSP) and transfer ...