The TFSA (Tax-Free Savings Account) is a Canadian investor’s best friend when it comes to building a portfolio that generates sustainable income from dividends. Inside the TFSA, no income is taxed.

Unlock the potential of your TFSA. Discover how smart contributions and withdrawals can enhance your financial planning. Wealthy individuals prioritize maximizing TFSA contributions over RRSP for long ...

Using the TFSA (Tax-Free Saving Account) is a great way to maximize your portfolio returns over time. The TFSA protects you from tax. By not paying tax on your income, you can improve your annual ...

The TFSA contribution limit for 2025 is $7,000. If you contribute more than this annual ceiling to your tax-free savings account, you must pay a penalty until you withdraw the surplus amount. Many or ...

If you want your Tax-Free Savings Account (TFSA) to churn out steady income for years without constantly checking the market, you need a dividend stock that combines growth, stability, and reliable ...

Courtney Reilly-Larke is the deputy editor of Forbes Advisor Canada. Previously, she was the associate editor of personal finance at MoneySense. She was also managing editor of Best Health Magazine ...

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All Canadians who turn 18 or older in 2025 get an extra $7,000 worth of Tax-Free Savings Account (TFSA) contribution room ...

Editor’s note: The rates quoted are as posted by each lender and may not be the current rate available. Rates are subject to change without notice. To create this list, Forbes Advisor analyzed 492 ...

These growth stocks are great ideas to accelerate your TFSA wealth, but in a high market, it might be wise to build positions steadily over time. A TFSA lets Canadians keep all investment gains tax ...

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 website. That means the total contribution room available next year for ...

The Canada Revenue Agency (CRA) assessed $166.2 million in tax-free savings account (TFSA) excess taxes in 2024, up from $130.8 million in 2023, the agency said in an email to Investment Executive.