Your assignment today was to choose a bank, and research their offering for Tax Free Savings Accounts. Then, you were to answer the following questions: 1) How does a TFSA Work? 2) What are some of the conditions (or limitations) to using a TFSA (there are 5) 3) How can you use a TFSA to make investments? 4) What are the benefits of using a TFSA to make investments over using a regular RRSP or a taxed account? |
Financial Literacy >