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Keyword: TFSAs

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Businesswoman using laptop in office

Whether they’re married or single, women are largely relying on their own devices to see them through retirement

  • By: IE Staff
  • February 19, 2020 February 19, 2020
  • 11:29
Shot of two businesspeople working together on a laptop in an office

Some clients may be better off contributing to a TFSA, but their contribution room will depend on when they turned 18

The insurance industry group has recommended changes for the federal budget

Almost a quarter of survey respondents think TFSAs will reduce their taxable income

  • By: IE Staff
  • January 27, 2020 January 27, 2020
  • 11:31
Businesswoman using laptop in office

A report suggests the feds could make TFSAs even more useful

A report recommends changes to improve TFSAs for retirement savers and retirees

Two-thirds of Canadians currently hold a Tax-Free Savings Account

Average unused TFSA contribution room in 2017 was $30,947

Canadians are advised to keep track of their TFSA withdrawals and contributions themselves

Contribution room accumulates beginning in the year in which a person turns 18