Although both the TFSA and RRSP are considered excellent savings and investing tools, sometimes, individuals would like to make a distinction between the two plans so they can choose one that best suits their financial realities.| Savvy New Canadians
It is easy to over-contribute to your TFSA. Learn about the TFSA over-contribution tax penalty and how to correct an over-contribution.| Savvy New Canadians
Compare the best Tax Free Savings Accounts TFSA interest rates in Canada. High-interest TFSA savings accounts mean higher returns on your money.| Savvy New Canadians
A locked-in retirement account (LIRA) holds pension funds from previous employers before retirement. Learn about LIRA vs RRSP, LIF, and more| Savvy New Canadians
An RRSP is closed at age 71. You can withdraw cash, transfer to an RRIF, or purchase an annuity. See options for withdrawing income from your RRSP.| Savvy New Canadians