Comments on: TFSA (Tax Free Savings Accounts) Basics

By: Mutual Fund Basics | youngandthrifty.ca

Mutual Fund Basics | youngandthrifty.ca — Tue, 28 Jun 2011 19:02:39 +0000

[...] funds can be held in: TFSA’s, RRSP’s and non-registered [...]

By: TFSA vs RRSP: Which one is Better for You? | youngandthrifty.ca

TFSA vs RRSP: Which one is Better for You? | youngandthrifty.ca — Sat, 11 Jun 2011 04:24:58 +0000

[...] has been a lot of talk about which one is better, the RRSP or the TFSA in both the PF blogosphere and the media. Both are great tools for saving for us Canadians. [...]

By: young

young — Wed, 06 Oct 2010 07:28:21 +0000

@mike- Sorry! I think you caught my typo there (sorry I am only human lol), yes you would contribute $8000 and not $7000 if you contributed $2000 the previous year (as there is $3000 of unused TFSA space).

By: mike colas

mike colas — Tue, 05 Oct 2010 18:53:40 +0000

would you not be able to contribute $8000 and not $7000??

“Any unused space in your $5000 can be carried forward to next years (e.g. you only contributed $2000 in 2009, you can contribute $7000 in 2010) “

By: young

young — Wed, 03 Feb 2010 15:12:01 +0000

Lol, it’s like a TD bank conspiracy! I think that when they do their training or updates, they just point-blank don’t tell the tellers about the E-series. Which makes sense, I suppose- the MER’s that you’re saving is from TD bank not wasting their employee training $ talking to them about it. Woohoo- seems like we save the 2.5% on real-live-person customer service. =P Though I must say the telephone customer service from TD e-series personnel is great.

That sounds annoying! Do you buy a new investment regularly? Maybe you could have it done automatically (it’s easy to set up- you just put the $ amount that you want and then it takes it from your chequing account every month or however freqent you want).

By: krystalatwork

krystalatwork — Wed, 03 Feb 2010 14:39:10 +0000

Agreed, it was SUPER hard to get a TD E-Series RRSP account. It's like they don't want you to get one, so that they can take more of your money by charging higher MERs. Even now, whenever I buy new funds, I get an e-mail saying that my request is not compatible with my investment profile & won't be completed. Then I have to call in and get them to do it manually. Freaking pain in the butt! .-= krystalatwork´s last blog ..Extra income =-.