If you accidentally contribute too much to your TFSA – which can easily happen if you rely on the CRA’s data – you will face ...

You might use the terms Tax-Free Savings Account (TFSA) and Savings Account interchangeably, but there’s more to it than that. So, what exactly sets a traditional savings Account apart from a TFSA?

Are you wondering what types of investments to hold in a TFSA? Take a look at these types of companies if you want to build ...

The tax-free savings account, or TFSA, was introduced to Canadians in 2009. With this type of account, you are not required to pay taxes on the interest it earns. This is obviously appealing since ...

A proposed new type of savings account would allow Americans to put away up around $10,000 each year and enjoy tax benefits ...

Guaranteed Investment Certificates (GICs) provide a fixed rate of return over a specified period, offering safety and predictability. While they yield more than standard savings accounts, GICs ...

As a refresher, under the tax rules, when the holder of a TFSA dies the fair market value of the TFSA immediately before ...

The rush is on for Canadians to make contributions to their registered retirement savings plans (RRSPs) before the March 3 ...

For more information, go to Guide RC4466, Tax Free Savings Account (TFSA), Guide for Individuals, and refer to “Tax payable on prohibited investments.” Also go to Income Tax Folio S3-F10-C2, ...

In these pages we use the term "TFSA individual record". A Tax-Free Savings Account (TFSA) individual record is similar to a slip except that TFSA issuers are not required to send their client a slip ...

Aaron Broverman is the lead editor of Forbes Advisor Canada. He has over a decade of experience writing in the personal finance space for outlets such as Creditcards.com, creditcardGenius.ca ...