Showing by category: TFSA

Every week, I talk to a lot of people who don't really understand the benefits of a TFSA. One common misunderstanding about the TFSA is many people think the TFSA is just a savings account. After all, [more]
True or false? When planning to leave your Tax-Free Savings Account (TFSA) to your spouse, it is always best from an estate planning perspective to name your spouse as ‘beneficiary.’ False. This m [more]
In 2009, the Tax Free Savings Accounts (TFSA) was introduced and based on what I see as a financial educator, they are really gaining momentum.  Despite the growing popularity, I continue to meet peo [more]
The 2015 federal budget, announced in April 2015, included a significant increase in the TFSA contribution limit for 2015. While it’s possible to argue that the changes really only benefit wealthier [more]
The government introduced Tax Free Savings Accounts (TFSAs) in the 2008 Federal Budget but will Canadians use these accounts? Will people be encouraged to save more money with the introduction of TFSA [more]