by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
First – why do you think you’ve over-contributed? Is it because your account value exceeds the accrued contribution limit? Only your deposits are considered as contributions to your TFSA – not your earned returns on the money you put in. Boring Betty and...
by Rona Birenbaum BAS CFP®, CHFS | Jul 5, 2018 | All About Investing, All About Tax
As I write, in 2018, the Tax-Free Savings Account (TFSA) program is ten years old. And what a fine ten-year-old it is! Who doesn’t love being able to set money aside tax-free, for a lifetime? Not to mention, any amount contributed, as well as any income earned in the...