Post by
dandu1924 on Jan 03, 2023 5:29pm
tax-free account
Good timming to transfert or buy in your tax free saving account in 2023 limit to $6500 and to $81500 if you did not use your others limit in the past.
Comment by
geric on Jan 03, 2023 5:40pm
The total potential contribution limit is now $88,000.
Comment by
dandu1924 on Jan 03, 2023 6:19pm
Yes, you are right $6,500+81,500= $88,000.
Comment by
Greenwinter1234 on Jan 04, 2023 9:10am
Watch out on any transfers of securities to TFSA (or RRSP) - if current value is below original cost, the loss will be denied for tax purposes. GLTA