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Keyword: TFSAs

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Canada-U.S.-border

In some cases, closing accounts before moving abroad might make sense

RRSP piggybank

Of those contributing, almost one-quarter plan to use the maximum amount

tax penalty

Client overcontributed, had income below basic personal amount

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency won't say when it expects its website to return to normal. CRA Tax

Inflation leads to big jump in tax bracket thresholds as well

man calculates money. piggy bank and business documents on desk

Next year's limit can be calculated using CPI data released Wednesday

home ownership

Proactively share these details with clients

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. The Canada Revenue Agency won't say when it expects its website to return to normal. CRA Tax

In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans

retired women

Savings needs have risen alongside wealth, a C.D. Howe report says

RRSP piggybank

Respondents cited real estate, digital investing and crypto as the most confusing areas of personal finance

  • By: IE Staff
  • April 14, 2022 April 14, 2022
  • 12:48

Most TFSA holders don’t maximize contributions, according to the latest data from the Canada Revenue Agency