Turning 71? It can be a pivotal year if you’re still working [Toronto Globe and Mail (Ontario, Canada)]
Sun Life Financial Inc. (SLF)
Last sun life financial inc. earnings: 2/12 05:01 pm
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Source: Toronto Globe and Mail
Over the past decade, the labour-force participation rate of Canadians older than 65 has nearly doubled to 14 per cent, according to Statistics Canada, and that figure is likely to rise. With better health and longer life expectancy, combined with scaled-back company pensions and other sources of retirement income, the option of working longer is becoming more necessary than ever. If you decide to work past 71, however, there are a few factors to keep in mind so that you pay the minimum amount in tax. Know the rules You can have a registered retirement savings plan (RRSP) until the end of the year in which you reach 71, but then the plan matures and you’ll need to wind it up by the end of that year. Most people convert their RRSP to a registered retirement income fund (RRIF). You must begin withdrawing money from your RRIF in the year after you open it. Which makes the age of 71 a pivotal year that can cause considerable consternation, especially for those who are still
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SLF
News
- Sun Life hosts first quarter 2024 earnings conference call [Yahoo! Finance]Yahoo! Finance
- Sun Life hosts first quarter 2024 earnings conference callPR Newswire
- Sun Life Financial: A Safe, Long-Term Dividend Grower [Seeking Alpha]Seeking Alpha
- Consumer staples offer stability, but beware of stretched valuations [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Reasons Why You Should Add Sun Life (SLF) to Your Kitty Now [Yahoo! Finance]Yahoo! Finance
SLF
Earnings
- 2/7/24 - Beat
SLF
Sec Filings
- 3/27/24 - Form 6-K
- 3/26/24 - Form 6-K
- 3/25/24 - Form 6-K
- SLF's page on the SEC website