RE:now back to tax talkI don't have a monthly company pension, I did get quite a chunk of change when I quit a job after
37 years a decade ago.. About 60% cash which had to be handled and 40% locked in. The locked in piece allows for 50% to be moved over to an RRSP when you start to draw from it. I am able to make my taxable income pretty much what I choose. Depending on your situation you can do a lot of juggling keeping in mind what your future tax rate is going to be etc. Some people need to do that to avoid claw back on OAS, if they are that range where they are able to collect it. Too many
different scenarios to mention........ie are you going to work, when are you going to draw
your CPP, life expectancy, inheratance considerations.......not one right answer for all. lot of fun planning though and running the different models.............glta