TFSA is Tax-free Savings account where you can invest in shares without incurring tax liabilities. So, let's grab some useful information on TFSA in Canada.

No, you are not allowed to do day-trading within a Tax-free savings account in Canada. TFSA is an investment account and not a trading account as such.

Yes, you can lose money within a TFSA by paying taxes for over-contribution, investment management cost, account keeping fees, withholding taxes, capital losses etc.,

The contribution conditions within TFSA differs from circumstance to circumstance. Let's figure out in details how TFSA works for Canadian investors.

Choosing between TFSA and RRSP depends on various factors such as your goals, time frame of investment, your marginal tax rate, age etc. Discover the similarities and differences between TFSA vs. RRSP Canada.

Yes, opening a Tax Free Savings Account or TFSA surely seems to be a good idea. In fact, TFSA is good for a person who is 18 years or above and is looking for long term investment.

Yes, Tax-Free Savings Account (TFSA), Canada is one of the safest places to invest your money. As a Canadian investor it may prove to be a good place to park your extra earnings.

Tax-Free savings Account (TFSA), Canada can be considered the equivalent of Roth IRA, USA. Let's get into some more details on the similarities and differences, Roth IRS vs. TFSA.

The contribution of the financial year 2023 of a tax-free savings account in Canada is CAD $6,500 per annum. Let's discuss in details about the TFSA Contribution limits.

Although the frequency of trading is not specifically mentioned by TFSA, you are not supposed to do intra day trading within this account. There are a number of other factors considered by the CRA. Continue reading to find out.