You’ve worked hard to accumulate your retirement nest egg and want to enjoy the fruits of your labour. But you don’t want to pay more taxes than you need to — which is why you should know about three key tax credits.

In our latest Coffee Break, Owen Winkelmolen, an independent advice-only financial planner, shares some valuable insights on how to lower your tax bill in retirement by focusing on, and planning around, three key tax credits: the (1) basic personal amount, (2) age amount, and (3) pension income tax credit.

In addition to these tax credits, Owen also offers tips on how you can use your TFSA for added tax-free income.