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: 4508

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, eve...
by sparky62
Sat Nov 29, 2014 5:38 pm
Forum: General questions and comments
Topic: SPIA Purchase from Tax Deferred Account
Replies: 1
Views: 2848

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: 4508

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 ...