80% of Canadians Are Making This Common TFSA Mistake
The Tax-Free Savings Account (TFSA) continues to rise in popularity, as evidenced by the 9.95% year-over-year increase in average annual TFSA contributions. However, in the 2019 pre-coronavirus environment, Canada Revenue Agency (CRA) data showed that only 20% of Canadians have maxed out their yearly limits.
Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/
Article Written By: Christopher Liew, CFA
Original Article Posted on: May 27, 2021
Link to Original Article: https://ca.finance.yahoo.com/news/80-canadians-making-common-tfsa-161538186.html