The Canadian Money Roadmap Making a $187,000 TFSA Contribution
In this episode, I walk through a real case study from clients of mine where I’m helping them prepare to make a $187,000 TFSA contribution.
I use this real life example to explain some of the key TFSA concepts:
- Contribution room
- What happens when a spouse dies?
- Making a withdrawal
- Over-contribution penalties
- Re-contribution of withdrawals
While this situation is unique to the client, the steps taken along the way might be relevant for you and someone you know.
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