Here’s the Average TFSA Balance at Age 44 in Canada

The average TFSA balance for Canadians aged 40–44 is only $17,604, far below what’s ideal at this stage of life. The TFSA ...
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TFSA vs. RRSP: Which Savings Account Is Right for You?

When it comes to saving and investing in Canada, two highly popular registered account options are the Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). Both offer ...
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Nearly a third of Canadians don't know the difference between the TFSA and RRSP

It’s that time of year again — the deadline to contribute to a Registered Retirement Savings Plan (RRSP) is March 1st. If you’re fortunate enough to have the cash, you’ll need to figure out how much ...

How to leave RRIF, TFSA, property and other wealth to your children while avoiding probate and minimizing taxes?

Frank can avoid probate on his RRIF and TFSA by listing his two children as 50/50 beneficiaries, Rempel said. “His estate ...

Here’s the Average Canadian TFSA and RRSP at Age 35

At age 35, many Canadians find themselves at a pivotal moment in their financial journey. Balancing career growth, family ...

1 Way to Use a TFSA to Earn $250 Monthly Income

The TFSA can generate the tax-free income you want, but the way to achieve is through regular contributions -- the max, if possible. The post 1 Way to Use a TFSA to Earn $250 Monthly Income appeared ...

This TFSA mistake is costing millennial and gen Z Canadians a fortune, TD says

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Risking No Returns? 4 in 10 Young Canadians Missing Out on TFSA Growth: TD Survey

CNW/ - A new TD survey finds that while many young Canadians are eager to grow their wealth, a surprising number could be leaving money on the table when ...