This year you get an extra $7,000 worth of TFSA room. You can use it to hold iShares S&P/TSX 60 Index Fund (TSX:XIU) tax-free ...

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

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 ...

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 ...

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

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

regardless of the account. My daughter recently started her first full-time job after university and will have some cash to invest. Which do you recommend opening first – a TFSA or registered ...

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

we had withdrawals of 5.3% of opening assets, still a relatively high percentage and perhaps indicative of the tough economic environment. Finally, around 7.5% of the TFSA accounts on Ninety One ...

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 ...

From January to December 2024, we had withdrawals of 5.3% of opening assets, still a relatively high percentage and perhaps indicative of the tough economic environment. Finally, around 7.5% of the ...