Would you believe me if I told you that there’s a way to invest tax-free?
Sounds too good to be true?
In this episode, Richard and Palma cover the ins and outs of Tax-Free Savings Accounts (TFSAs). They explain how you can obtain one, what the contribution limits are, as well as the types of investments that can be included. In addition, they discuss how TFSAs differ from RRSPs and how a TFSA account can be accessed by a widow or widower.
Join Richard and Palma as they discuss:
- The basics of TFSAs and how it differs from a RRSP
- Why you need to select a beneficiary and inform others of your choice
- What type of investments can be part of your TFSA account and their tax advantages
- The importance of using a TFSA as an emergency fund
- And more!
Your Guide to Tax-Free Savings Accounts (TFSAs) (Ep. 7)
Resources:
Connect with Richard Dri:
- richard.dri@scotiawealth.com
- LinkedIn: Richard Dri
- Join the My Widowed Money Facebook Group
- Subscribe to the My Widowed Money Blog
Connect with Palma Polesel:
source https://rosenbergdri.ca/your-guide-to-tax-free-savings-accounts-tfsas-ep-7/