TFSA vs RRSP

Jul 28, 2019 · 7m 42s
TFSA vs RRSP
Description

The TFSA versus RRSP debate started in 2009 when the TFSA came into existence. Back then, the government allowed a $5,000 annual contribution and allowed you to do that every...

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The TFSA versus RRSP debate started in 2009 when the TFSA came into existence. Back then, the government allowed a $5,000 annual contribution and allowed you to do that every year.

It is also possible to go back every single year for your TFSA contribution. In other words, every year that you’ve been an adult you are accumulating room in your TFSA whether you use it or not.
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Author Rob Tetrault
Organization Rob Tetrault
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