Here’s the Average TFSA and RRSP at Age 45

In 2023, according to the Canada Revenue Agency (CRA), Canadians aged 40 and 44 had an average fair market value of around $19,270 for the year. This was the average amount that Canadians in that age ...

There's one last thing you can do to boost your 2025 tax refund, but you'll have to act fast

Canada's RRSP deadline is coming up fast, and if you want to boost your tax refund this year, there's still time to make one last big move. The RRSP deadline for 2025 is only a few weeks away, and ...

This septuagenarian’s TFSA has gone off the rails

With the bulk of his retirement portfolio in more conservative assets, this investor put his faith – and TFSA – in one stock ...

What’s the average TFSA balance at age 30 in Canada?

The average TFSA balance at age 30 is well below the potential limit but is also an opportunity to build serious wealth. The post What’s the Average TFSA Balance at Age 30 in Canada? appeared first on ...

4 Secrets of TFSA Millionaires

The top four secrets of TFSA millionaires can serve as a guide for anyone aspiring to become the next millionaire. The post 4 ...

How to Use Your TFSA to Double Your Annual Contribution

Building a TFSA portfolio that generates $7,000 in annual income effectively doubles your contribution power. Canadians who ...

How to Generate $500/Month Tax-Free Using a TFSA

Generating $500 tax-free monthly income using the TFSA is doable, but investors must take into account time, yield, and risk ...

Where to Invest Your $7,000 TFSA Contribution for Long‑Term Gains

Use your new $7,000 TFSA contribution wisely. Here are two high-quality Canadian dividend stocks that offer long-term growth, stability, and tax-free compounding. The post Where to Invest Your $7,000 ...

Where to invest your TFSA contribution for maximum growth

These three Canadian stocks could help maximize TFSA returns amid this uncertain outlook. The post Where to Invest Your TFSA Contribution for Maximum Growth appeared first on The Motley Fool Canada.