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 ...

The TFSA Number You Need to Hit Before Calling it Quits

Here are a few key scenarios to consider for those approaching retirement. One's final number may change depending on their ...

3 TFSA Red Flags the CRA Is Actively Looking for

Unlock the full potential of your TFSA. Learn how to leverage this account for wealth creation and avoid common pitfalls. The ...

CRA refused to cancel TFSA overcontribution tax

In June 2025 the CRA again declined to provide relief. The CRA’s written decision indicated that the taxpayer “did not make a ...

TFSA Investors: 1 Top Canadian Stock Worth Buying With $7,000

The post TFSA Investors: 1 Top Canadian Stock Worth Buying With $7,000 appeared first on The Motley Fool Canada. Before you buy stock in WSP Global, consider this: ...

Here’s what a typical Canadian has saved in their TFSA by 45

If you want to build wealth for your TFSA, think about disciplined savings and thoughtful investing. The post Here’s What a Typical Canadian Has Saved in Their TFSA by 45 appeared first on The Motley ...

The Average TFSA Balance for Canadians 70 and Over May Surprise You

According to the latest Statistics Canada data for the 2023 contribution year, the average balance in the Tax-Free Savings Account ( TFSA) for Canadians aged 70 to 74 was $56,106. On its own, that ...