Posts Tagged ‘RRSP vs TFSA’

The TFSA Limit Increased to $6,000 in 2019

TFSA limit

Looking to save money as one of your New Year’s Resolution? Here’s some good news: as of January 1, 2019, the Canadian government raised the annual TFSA limit to $6,000, up from $5,500 last year. This increase means that Canadians who were at least 18 years of age in 2009 now have a cumulative maximum…

Read More

TFSA vs RRSP: Head to Head Comparison – Updated 2018

There has been a lot of talk about which one is better, the TFSA vs RRSP in both the PF blogosphere and the media.  Both are great savings and investing tools for us Canadians, but there are important differences between and choosing correctly between the Tax-Free Savings Account (TFSA) and Registered Retirement Savings Plan (RRSP)…

Read More