Tax Free Savings Account
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Invest or keep money in cash? 41% of young Canadians opt for latter in TFSANew survey data suggests Gen Z and millennials who use a tax-free savings account aren't investing in that account because they want the money readily available.MoneyNov 12, 2025
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CRA confirms the TFSA contribution limit for 2025Canadians 18 and older will get another sizeable bump in their tax-free savings account contribution room in 2025. Here's how much more savers can put away.MoneyDec 5, 2024
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Size of TFSA contribution limit rises for 2nd year in a rowThe contribution limit for tax-free savings account has been raised by $7,000 for the upcoming year, the second largest jump on record.MoneyNov 24, 2023
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‘Oh, you’ve had bad investments’ — when the magic of the TFSA works against youTFSAs are wonderful for growing your savings but can also amplify the impact of bad investment decisions.MoneyOct 26, 2019
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When cashing out your RRSP at 65 makes perfect senseMany Canadians 'would be well advised to cash out any RRSPs around age 65,' according to one Ottawa-based statistician.MoneyApr 13, 2019
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Millennials account for highest RRSP contribution, according to BMO studyAccording to an annual BMO study, millennials' contributions to their RRSPs has jumped by 87 per cent since 2016.CanadaFeb 28, 2019
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The TFSA limit has grown to $6K — should Canadians contribute?Canadians hoping to save money after the holiday spending now have an option to stash away more cash this year -- and tax-free.CanadaJan 3, 2019
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Getting ready for retirement, what you need to know about RRSPsThe countdown is on for your RRSP contributions. Here's some last-minute financial advice for people considering this option.ConsumerFeb 27, 2017
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How to re-think your retirement savings for today’s economyExperts warn Canadians should either start planning for a lower post-retirement income, or find a way to make their savings grow.MoneySep 14, 2016
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Need graduation present ideas? Give the gift of a financial planMany parents may be wondering what to give their child for a graduation gift. Why not consider giving the gift that will keep on giving for years to come - a financial plan.ConsumerJun 28, 2016
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