TFSA Explained. EVERYTHING you need to know about the TAX FREE SAVINGS ACCOUNT! #reels
What is the Tax Free Savings Account (TFSA)? How does the TFSA Work?
How much money can I Contribute to the TFSA? How much can I withdraw from the TFSA?
I'm sharing all of the basics of the Tax Free Savings Account including contributions room limits, withdrawal amounts and the difference between the TFSA and the Registered Retirement Savings Account (RRSP). We make your RETIREMENT Remarkable!
0:00 - INTRO
1:28 - TFS EXPLAINED
3:13 - CONTRIBUTION ROOM
4:24 - WITHDRAWALS EXPLAINED
7:14 - TFSA VS RRSP
DISCLAIMER: I’m not a financial adviser. These videos are for educational purposes only. No official financial advice is being given. Please always check with a professional before making any investments or financial decisions. Your investments are your sole responsibility, these videos merely share my own opinions with no guarantee of gain or losses.
WATCH NEXT: ▶️
WHAT YOU NEED TO KNOW ABOUT OLD AGE SECURITY (OAS) - https://youtu.be/Pw9Ghe7yiOM
CANADA PENSION PLAN (CPP) EXPLAINED - https://youtu.be/AY-Upop5DFg
THE 4 PHASES OF RETIREMENT YOU MUST KNOW - https://youtu.be/sELWGP7Iyus
FOLLOW ME HERE:
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TWITTER: https://twitter.com/lsaretirement
#retirement #retire #tfsa #ccp #oas #lifestyle #retirementlife #retirementlifestyle #retirementplanning #retired #oldagepension #canadapensionplan #taxfreesavingsplan #oas #cpp #canadapensionplan #canada #oldagepension
#CanadianTaxes #TFSA #TaxFreeInvesting #CanadianTaxGuide #CRA #CanadianFinance #CanadianInvesting #TaxFreeCanada
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