90-AGE FORMULA
Formula used by Canadian retirees to compute the amount of money they can withdraw every year from their Registered Retirement Income Funds (RRIFs). Retirees are mandated to withdraw a minimum amount from the tax-advantaged individual retirement plan, which can be calculated either by using the 90-age formula or the 90-percentage schedule.
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Incremental Marketing
Eventual increase in advertising expenditures and products over time. It requires a firm to break up a long-term marketing plan into smaller compon ...
Personal Interest
A type of interest taxpayers pays on personal and consumer loans. It is nondeductible, and the rates charged are usually quite high.
Cash and Carry Transaction
Transaction in the futures market in which the cash or spot price of a given commodity is lower than the futures contract price. Such deals are con ...
Listed Security
An investment instrument that is traded in an exchange such as the New York Stock Exchange and Nasdaq. The financial instrument being traded includ ...
Synergy
Concept stipulating the combined value and performance of two companies are greater than the total of each individual parts. Most commonly used in ...
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Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
Gauging Inflation
In the United States, the inflation rate was 0.2% through the 12 months ended July. In the United Kingdom, inflation was 0.1% in July.
Do I Need to Move Out or Renovate My House?
Before deciding whether to move our or remodel your home, you need to consider some other factors.
Emotional Attachments. You&rs ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |
