it can be used as an investment account. Because of all the different ways you can use a TFSA, you may choose to open more than one. Just remember that your total amount of available contribution ...

As mentioned previously, the TFSA new contribution room for 2025 is $7,000. That means that those who turn 18 this year have ...

In general, more women have a TFSA than men; 9.1 million compared with 8.6 million. But it depends on their age. More men ...

The supposed secrets of TFSA millionaires are out in the open; just follow them and be one, too. The post 4 Secrets of TFSA ...

Canadians get fresh contribution room in their tax-free savings accounts. Find out this year’s contribution limit, the ...

If interest rates stay high for long, that can add up to a lot of interest saved – but each extra payment reduces your ...

If you haven’t run out of RRSP and TFSA contribution room, Simplii also has competitive interest rates on those accounts for clients who open one before March 31, 2025. Visit Simplii.com for ...

Young people who are just starting to think about their financial future may not know how or which account they ought to open ...

Any interest, dividends, or capital gains earned in a TFSA are not taxed, and withdrawals can be made at any time without penalty. Anyone aged 18 or older can open an account, regardless of their ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

Every TFSA holder has a certain limit. That limit is the sum of all the amounts added in each year in which you were eligible to open an account. If you were 18 or older in 2009, your accumulated ...