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The new Tax-Free Savings Account (TFSA) contribution limit for 2021 has now been released, and it is $6,000, which is consistent with the previous two years. This will bring the TFSA dollar limit from $69,500 to $75,500. If you have previously withdrawn from your...
The term Tax Free Savings account (TFSA) is a misnomer in that it implies that it must be a “Savings” account that is held within your TFSA. In reality, a TFSA is just a type of investment account where you can hold almost any kind of investment with the benefit being...
The introduction of the Tax Free Savings Account (TFSA) by the Canadian Government will become the most important savings vehicle for clients since RRSP's. The initiative will allow Canadians to save money and watch their savings grow TAX FREE. How does the TFSA work:...
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The past three years have been good ones for investors. Portfolios have recovered strongly post-2022, markets have reached new highs and many plans feel comfortably on track....
Given the events that have transpired over the past few weeks, it seems like a good time to pass along a friendly reminder that changing your investment plan based on emotions and market conditions...