Etiket: TFSA
Demystifying the economy | Are the TFSA contribution rights on the CRA website up to date?
Every Saturday, one of our journalists answers one of your questions on the economy, finances, markets, etc. Posted at 2:10 a.m. Updated at 7:00 a.m. “In January, I went to…
TFSA and savings | Four tips before investing in a TFSA
Whether you are a newbie or a seasoned investor, it is good to remember a few tips before investing in a TFSA. What is it about ? How much can…
TFSA and savings | The importance of preparing well for a death
Financial planners are unanimous: it is better to avoid death. That said, they argue that it is still best to be well prepared, because transferring a tax-free savings account (TFSA)…
TFSA and savings | Five tips for reconciling savings and inflation
A recent BMO survey reveals that basic monthly living expenses have increased by almost $400 on average year over year in Canada. How can you cope with such an increase…
TFSA and savings | A TFSA to change your life
In August 2023, Jonathan Émond left his job to return to university for five years to become a notary. He chose not to work while studying. A luxury that he…
TFSA and savings | Unmissable CELIAPP, for its first property
The tax-free savings account for first-time home buyers (CELIAPP), offered by the Government of Canada since last spring, is a complete game-changer for first-time buyers. For what ? And in…
An FAE teacher forced to dip into her TFSA and resort to food banks
The reality is increasingly difficult for teachers affiliated with the Autonomous Education Federation (FAE) who have been on an indefinite general strike since November 23. Talk to Claudia Bouchard, teacher…
Lifestyle | Can a 90-year-old mother transfer part of her TFSA to her two sons?
Two single brothers wonder if they could benefit before her death from part of the $159,000 that their 90-year-old mother holds in a TFSA, to benefit from the interest. But…
TFSA | Waiting for the big salary
It was after getting tired of the starving returns he was getting from his GICs that 37-year-old Montreal urban planner Alexandre Clermont made the jump to the TFSA. Today, he…
TFSA | Some tips for “CELIAPPer”
The purchase of a first property is often described as the investment of a lifetime, but it is not easy to manage the financing of this project when one is…
TFSA | Beware of excess contributions
Simon* has always taken care of his investments himself. Two years ago, he decided to transfer his $50,000 TFSA to another financial institution, in a self-directed account. A year later,…
TFSA | The four differences game
TFSA and CELIAPP… two similar names, but different financial products with some similarities. What is it about ? Who can contribute? What amount? For what needs? Two experts shed light…
TFSA | A savings tool of rare versatility
The TFSA is a flexible tool that allows you to grow your money tax-free. Yet the option remains misunderstood and misused: nearly half of Canadians still wonder what it consists…
[Vidéo] RRSP, TFSA, TFSAPP: the answers to five of your savings questions
It’s almost income tax season, when many are diving back into their personal finances. For the occasion, The duty has selected five of your questions to better understand savings. Discover…
Twelve things to know about the TFSA to start the year off right
With the new year comes his new contribution to the tax-free savings account (TFSA), the saver’s best tool. Twelve things to know to start off on the right foot. Posted…
More than $23 billion deposited by Quebecers in a TFSA in 2021
If many Quebecers have taken advantage of the pandemic to undertake costly renovation work, everything indicates that they will also have taken the opportunity to garnish – like never before…
Money and Happiness | In Dominique Anglade’s TFSA
The newsletter money and happiness is one of the novelties of the new school year in The Press. Our journalist Nicolas Bérubé, author of two books on investment, offers reflections…
Demystifying the economy | The TFSA
Every Saturday, one of our journalists answers, in the company of experts, one of your questions on the economy, finances, markets, etc. Posted at 8:00 a.m. Isabelle Dube The Press…
And you, how much do you have in your TFSA?
A tax haven within everyone’s reach for some, an aggravating factor for inequalities for others; the tax-free savings account (TFSA) remains the friend of investors looking to minimize their tax…
Lifestyle | Buying a car with a TFSA or a personal loan?
Céline* and David* live in the region with their teenager Mia*. They drive with two vehicles that will give up the ghost in the near future. How should they finance…