Learn more about the Fundamental Retirement Plan: https://www.fundamentalwealth.ca/get-started

The spousal loan strategy is one of the most effective ways for Canadian couples to reduce taxes, but it only works in the right situation.

In this episode of Retiring Canada, we break down how the spousal loan strategy works and who it may be a good fit for.

You will learn how income splitting can shift investment income from a higher income spouse to a lower income spouse, how to properly set up the strategy, and the importance of the CRA prescribed interest rate. We also walk through a real example to show how the tax savings can add up over time.

We also cover key considerations, including required interest payments, investment returns, and when this strategy may not make sense.

This episode is for Canadian couples with significant non-registered investments who want to explore advanced tax planning strategies.

WANT EVEN MORE RETIREMENT PLANNING TIPS?
Join thousands of other Canadians and subscribe to the ⁠Retiring Canada Newsletter.⁠
https://www.retiringcanada.ca/retirement-newsletter

As a thank you, you'll receive a copy of our latest Retirement Guide AND MORE!

EPISODE RESOURCES:
📊 Work with Michael: https://fundamentalwealth.ca/get-started

💻 Subscribe to the Newsletter: https://www.retiringcanada.ca/retirement-newsletter

👉 Download Our Latest Retirement Guide: https://www.retiringcanada.ca/retirement-guide

✏️ Submit Your Question: https://www.retiringcanada.ca/submit-your-question

🌐 Retiring Canada Website: https://www.retiringcanada.ca

Resources: 

Spousal Loan Example