The TFSA dollar limit will be $7,000 in 2026, matching the limit of the past two years, as shown on the Government of Canada ...

Maximize your savings with a TFSA! Learn about tax-free withdrawals and the rules to avoid taxation on your investments. The ...

The Tax-Free Savings Account (TFSA) remains one of the most effective tools Canadians have for growing wealth – yet the vast ...

If you are 18 or older, you got $7,000 worth of TFSA contribution room on January 1 of this year. If you turn 18 later in the year, you will get the contribution room on your birthday, when you become ...

As of January 1st, adults in Canada can add another $7,000 in contribution space to their tax-free savings accounts (TFSAs).

For low-income seniors, those on the disability tax credit and students, the penalty is often more than any tax saved through ...

The Canada Revenue Agency (CRA) collected $166m in Tax-Free Savings Account (TFSA) over-contribution penalties in 2024 — a ...

Below are some of the most frequent pitfalls and how to steer clear of them: Many Canadians unintentionally exceed their TFSA contribution limits, often due to confusion around how contribution room ...

The RBC Canadian Index Fund tracks the S&P/TSX Capped Composite Total Return Index and has a management expense ratio of 0.66 ...

Today, $7,000 is not an ordinary figure and is significantly popular among Canadians. The amount matches the annual Tax-Free ...

If you’ve just opened a Tax-Free Savings Account (TFSA) and maxed out your $7,000 contribution room but aren’t sure what to ...