Stock Option Tips

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The information is derived from sources that are deemed to be reliable but its accuracy and completeness are not guaranteed. The above calls are based on the theory of technical analysis. The author does not accept any liability for the use of this site. Readers of this site who buy or sell securities based on the information in this site are solely responsible for their actions.

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This requires a minimum annual withdrawal, which increases as you age but gives you some flexibility. Your investments will continue to grow tax-sheltered but withdrawals are taxed as income in the year withdrawn. Any amount you withdraw is taxed as income in the year withdrawn.

If you have contribution room, you may consider using income from one of the options above and add it to a TFSA, which grows tax free until you need the money. Speak to a registered financial advisor to determine which option is best for you based on your personal situation and financial needs.