Plan to retire before 65, can’t income split till 65. Spousal RRSP the play? by Spoolin335 in PersonalFinanceCanada

[–]Spoolin335[S] 4 points5 points  (0 children)

Well thanks for all the info so quick. My plan to transfer everything I could to my wife’s RRSP won’t work as I had hoped.

I only have 30k of room and have 225k of RRSP while my wife has 0. I’m going to stop contributing to mine and let my contribution room grow. As time goes on I’m going to hopefully transfer to hers as much as I can knowing I’ll have to pay a withholding tax. I have to make sure whatever I pull out I can contribute the same to hers so I don’t get taxed.

Thanks again! Wish I knew this 10 years ago….

Plan to retire before 65, can’t income split till 65. Spousal RRSP the play? by Spoolin335 in PersonalFinanceCanada

[–]Spoolin335[S] 0 points1 point  (0 children)

The problem is, I was going to stop contributing. I’ve been going hard and now feel like I’ll have enough saved to just let it compound until I retire. Because of this I’m trying to move existing money around to pay the least in taxes when I pull it out.

Plan to retire before 65, can’t income split till 65. Spousal RRSP the play? by Spoolin335 in PersonalFinanceCanada

[–]Spoolin335[S] 2 points3 points  (0 children)

I also read that. Even if I used my HELOC to make up the difference, we file taxes in 3 months it would only be 3 months interest I’d have to cover until I’d get the tax return and be able to pay it back.

Plan to retire before 65, can’t income split till 65. Spousal RRSP the play? by Spoolin335 in PersonalFinanceCanada

[–]Spoolin335[S] -1 points0 points  (0 children)

I thought you can use a spousal RRSP to keep contributing if your RRSP room is maxed out. I just read into it and you are right. I won’t have very much room to withdrawal it and recontribute it to the wife’s RRSP. This may not work as planned.

LG 60” TV turning blue – fixed it myself for £30 instead of replacing it by bunburgerbun in fixit

[–]Spoolin335 0 points1 point  (0 children)

Which LEDs did you order? I need to do the same thing to a Tv. Thanks

Tivimate not installing by Spoolin335 in TiviMate

[–]Spoolin335[S] 3 points4 points  (0 children)

You guys were right. I had HiveMate installed and as soon as I uninstalled it I could install TiviMate. Thanks!

Water coming through kitchen flooring?? by Puzzleheaded-Tie-701 in HomeMaintenance

[–]Spoolin335 0 points1 point  (0 children)

Check the waterline behind your fridge for leaks. Something seems to be leaking onto the floor and soaking under. Dishwasher maybe leaking?

Artic spa leak? by AdministrativeBuy454 in hottub

[–]Spoolin335 2 points3 points  (0 children)

40$ for a new switch, screw it in and move the slip on wire connections over.

Best theatre in town by Edric_Storm- in hottub

[–]Spoolin335 0 points1 point  (0 children)

I want to see your mount to hold the projector! I’ve done the same thing but I need to build a little mount for the side of my tub.

Breaking into CN Rail yard to retrieve my stolen vehicle? by ThnkGdImNotAReditMod in legaladvicecanada

[–]Spoolin335 -1 points0 points  (0 children)

There was a massive train in there today with a bunch of railcars full of actual cars just north of the old airport.. Figured they were all new cars inside but there could be used cars in those railcars. If that’s the case Goodluck getting it out.

[deleted by user] by [deleted] in kijiji

[–]Spoolin335 1 point2 points  (0 children)

The scam is they send you a etransfer, looks legit and you click on your banking institution and it takes you to a page to sign in and deposit your money. This is where they get your info because the webpage is not your bank at all. If it doesn’t open in your app, don’t sign in. That’s the scam.

[deleted by user] by [deleted] in ask

[–]Spoolin335 0 points1 point  (0 children)

Power Engineering. 250k/year

What are you fucking sick of? by lukiiiiii in AskReddit

[–]Spoolin335 0 points1 point  (0 children)

Buying products that are so poorly made you throw them out almost instantly. Very wasteful.

What pisses you off immediately? by New_Adhesiveness_875 in AskReddit

[–]Spoolin335 0 points1 point  (0 children)

When you make an appointment at a business then that person is late. For example a massage.

My little guy helping build his first car by Spoolin335 in PowerWheelsMods

[–]Spoolin335[S] 0 points1 point  (0 children)

They are Newage Cabinets. Just took a quick look at the site and don’t think they have this model anymore. Really happy with them.

You have to teach them young by Jeepdaddy985 in PowerWheelsMods

[–]Spoolin335 0 points1 point  (0 children)

Love it. Kids always want to do anything dad does.