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TFSAs: What You Need to Know

EVT428799

Wed Jan 22, 2020
6:30 p.m. - 7:30 p.m.
60 mins

Location

Runnymede

This clear and easy-to-understand session by Teri Courchene introduces and explains the key features of the Tax-Free Savings Account (TFSA). Canadians 18 and up can open a TFSA and contribute $6,000 per year. The TFSA has become an important vehicle for younger and older Canadians alike to grow their money for near-term as well as longer-term goals.

Topics covered in this presentation:
1. How the TFSA works - and why it's so great.
2. What kinds of investments can you hold in a TFSA?
3. How does the TFSA compare to the RRSP?
4. How to open a TFSA and start investing.

Teri Courchene is a former economist and director of research at one of Canada's big banks. With an academic background in economics and education, Teri teaches investing at The University of Toronto School of Continuing Studies.

Audiences

Adult • Teen

Categories

Personal Finance