TFSA – Advisor's Edge https://phoenix.advisor.ca The best news source for Canadian financial advisors. Investments, financial markets, insurance, practice management, tax and estate planning Thu, 05 Oct 2023 18:47:00 +0000 en-CA hourly 1 https://wordpress.org/?v=5.9.3 https://phoenix.advisor.ca/wp-content/uploads/sites/5/2018/05/cropped-advisor-ico-32x32.png TFSA – Advisor's Edge https://phoenix.advisor.ca 32 32 The cost of TFSA contributions for non-residents https://phoenix.advisor.ca/tax/tax-news/the-cost-of-tfsa-contributions-for-non-residents/ Wed, 27 Sep 2023 21:27:08 +0000 https://www.advisor.ca/?p=231151 Case study explains the consequences

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]]> Canadians still underusing TFSAs https://phoenix.advisor.ca/tax/tax-news/canadians-still-underusing-tfsas/ Thu, 20 Jul 2023 20:38:44 +0000 https://www.advisor.ca/?p=228942 Accountholders' unused TFSA contribution room exceeded the market value of their plans at almost all income levels

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]]> Tips for helping children buy a home https://phoenix.advisor.ca/tax/tax-news/tips-for-helping-children-buy-a-home-2/ Mon, 12 Jun 2023 20:00:19 +0000 https://www.advisor.ca/?p=226527 Strategies to minimize tax implications, including the FHSA

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]]> Advisor learns the hard way that TFSAs are not for frequent trading https://phoenix.advisor.ca/magazine-archives_/advisors-edge_/advisor-learns-the-hard-way-that-tfsas-are-not-for-frequent-trading/ Fri, 31 Mar 2023 14:00:36 +0000 https://www.advisor.ca/?p=222917 A Tax Court case led to a hefty tax bill

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]]> Essential tax numbers: updated for 2023 https://phoenix.advisor.ca/tax/tax-news/essential-tax-numbers-updated-for-2023/ Fri, 18 Nov 2022 14:36:34 +0000 https://www.advisor.ca/?p=216715 Use this handy list of tax numbers as a quick reference

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]]> CRA announces TFSA limit for 2023 https://phoenix.advisor.ca/tax/tax-news/cra-announces-tfsa-limit-for-2023/ Mon, 14 Nov 2022 15:22:23 +0000 https://www.advisor.ca/?p=216497 Inflation leads to jump in tax bracket thresholds as well

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]]> TFSA overcontributions still a problem https://phoenix.advisor.ca/magazine-archives_/advisors-edge_/tfsa-overcontributions-still-a-problem/ Mon, 07 Nov 2022 15:30:13 +0000 https://www.advisor.ca/?p=215863 Federal Court case is the latest reminder of the costs

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]]> Inflation to trigger bump in TFSA room in 2023 https://phoenix.advisor.ca/tax/tax-news/inflation-to-trigger-bump-in-tfsa-room-in-2023/ Thu, 20 Oct 2022 19:48:04 +0000 https://www.advisor.ca/?p=215330 Next year's limit can be calculated using CPI data released Wednesday

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]]> Tips for drawing down funds in retirement https://phoenix.advisor.ca/tax/tax-news/tips-for-drawing-down-funds-in-retirement/ Tue, 02 Aug 2022 20:30:57 +0000 https://www.advisor.ca/?p=212081 Help clients prioritize the most tax-efficient assets

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]]> CRA clarifies tax treatment of settlement payments related to RRSPs, other plans https://phoenix.advisor.ca/tax/tax-news/cra-clarifies-tax-treatment-of-settlement-payments-related-to-rrsps-other-plans/ Tue, 24 May 2022 17:00:33 +0000 https://www.advisor.ca/?p=209667 In an income tax folio, the Canada Revenue Agency clarified its position on settlement amounts and registered plans

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