Here’s the Average TFSA and RRSP for a 40-Year-Old in Canada

The iShares S&P/TSX Capped Composite Index Fund (TSX:XIC) is a good fund to hold. The post Here’s the Average TFSA and RRSP ...
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TFSA vs. RRSP: Which Savings Account Is Right for You?

When it comes to saving and investing in Canada, two highly popular registered account options are the Tax-Free Savings Account (TFSA) and the Registered Retirement Savings Plan (RRSP). Both offer ...

Why your TFSA — not your RRSP — should be your income workhorse

The TFSA offers greater flexibility as an income workhorse because of its tax-free feature. The post Why Your TFSA — Not Your RRSP — Should Be Your Income Workhorse appeared first on The Motley Fool ...

3 major red flags the CRA is watching for every TFSA holder

Here are some things you should not do in a TFSA to stay on the CRA's good side. The post 3 Major Red Flags the CRA Is Watching for Every TFSA Holder appeared first on The Motley Fool Canada.

Is the CRA being unfair to single, childless Canadians?

I’d like to state for the record – and not just because the taxman may be reading this – that the old saw about the ...

Here’s the Average TFSA Balance for Canadians Age 50

The average TFSA balance for many Canadians aged 50 remains significantly lower than the maximum allowed ceiling.

The Canadian Stocks I’d Keep in a TFSA Indefinitely

Restaurant Brands International (TSX:QSR) and another stock worth stashing in the TFSA long haul and forgetting about. The ...
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Your TFSA Should Be Your Income Engine, Not Your RRSP

Common wisdom in the market is that if you’re sitting on a pile of contribution room in your TFSA and RRSP, creating a passive income stream in retirement via buying dividend stocks, REITs, bonds or ...