Tag Archives: Contribute

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- Masters of Money

Registered Accounts: TFSAs

Canadians 18 or older with a valid Social Insurance Number can save up to $5,000 each year in a Tax-Free Savings Account (TFSA). A TFSA is a very flexible savings vehicle. Unlike a Registered Retirement Savings Plan (RRSP), contributions to a TFSA are not tax deductible. The money you put into a TFSA has already been taxed. As a result, you can withdraw your TFSA savings whenever you want for any reason, without any tax consequences. MORE

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- Masters of Money

5 Investing Themes for 50-Year-Olds

Rob Carrick shares his top five investing themes for 50 year olds, covering everything from retirement savings, portfolio options and reducing your risk. MORE

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