The TFSA new contribution limit for 2020 is $6,000, matching the amount set for 2019. The total contribution room available in 2020, for someone who has never contributed and has been eligible for the TFSA since its introduction in 2009 is $69,500. The annual TFSA dollar limit is indexed to inflation and rounded to the nearest […]
As the holiday season approaches most of us are focused on spending time with family and friends. It’s also the opportune time to implement final income tax strategies and be mindful of how existing and new tax changes can effectively reduce your 2019 tax bill. Here is a laundry list of strategies to consider for […]
How much money do you need for a financially healthy retirement? Can your retirement savings keep up with inflation? How will market volatility impact your nest egg? And the biggest question of all: How long will my money last? The Retirement Rule of $20 (Rule of $20) may help provide the answers. It is an […]