In some cases, closing accounts before moving abroad might make sense
Of those contributing, almost one-quarter plan to use the maximum amount
Client overcontributed, had income below basic personal amount
Inflation leads to big jump in tax bracket thresholds as well
Next year's limit can be calculated using CPI data released Wednesday
Proactively share these details with clients
In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans
Savings needs have risen alongside wealth, a C.D. Howe report says
Respondents cited real estate, digital investing and crypto as the most confusing areas of personal finance
Most TFSA holders don’t maximize contributions, according to the latest data from the Canada Revenue Agency