Investing
TFSA or RRSP: Which Comes First?
The useful answer depends on your tax rate, timeline, employer benefits and need for flexible withdrawals. Here is the plain language comparison.
Canadian money guides
Investing in Canada
Clear Canadian guides to TFSAs, RRSPs, FHSAs, contribution room, risk and the first investing decisions.
5 launch guides
Start with the big question, then go deeper
Investing
What a TFSA Really Lets You Do
A TFSA is a tax label around savings or investments. The label changes how growth and withdrawals are taxed. It does not choose what goes inside.
Investing
The TFSA Number You Shouldn’t Guess
The annual TFSA dollar limit is only one part of your room. Your age, Canadian residency, past contributions and prior withdrawals all change your number.
Investing
FHSA: Your First Home Head Start?
An FHSA combines a contribution deduction with a tax free qualifying withdrawal. The important catch is that your room starts only after you open the account.
Investing
Start Investing Without Guessing
Starting well is mostly about order. Protect money needed soon, name the goal, choose the account, understand risk and costs, then make the process repeatable.