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.

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 ...

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 ...

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 ...

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

NerdWallet Canada selects the best high-interest tax-free savings accounts based on several criteria. Factors in our evaluation methodology include annual percentage yields, minimum balances, fees, ...

Investors will soon be able to contribute more to their TFSAs. What the new TFSA limit means for income splitting. Higher limits and lower taxes. New rules for TFSAs. The annual contribution limit for ...

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 ...

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.