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TFSAs - breaking down what you need to know! (with special guest, Evan Neufeld)
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Kicking off SEASON 5 of The Tax Chick Podcast with a special guest episode featuring fellow Saskatoon podcaster and Certified Financial Planner, Evan Neufeld!
Tax Free Savings Accounts, or "TFSAs" - such a fun acronym! You likely have this type of investment, and are aware that one of the perks of a TFSA is that the growth accrues tax free... but are you curious to learn a little bit more? Check out this episode to learn:
- What is a TFSA? (4:00)
- Are there limits to what you can put into a TFSA? (6:13)
- What happens if you over-contribute? (9:20)
- How is it taxed? (12:08)
- What happens when you withdraw funds from a TFSA? (14:35)
- What types of investments can you hold in a TFSA? (18:15)
- What happens when you die? (24:00)
Make sure to check out Evan's podcast (The Canadian Money Roadmap) for some great information on personal finance, including a recent episode entitled, "Avoid These 6 TFSA Mistakes".
P.S. DJ CWC created some new intro music for me which I am debuting on this episode!!!
CONNECT WITH EVAN:
- Podcast: https://canadianmoneyroadmap.buzzsprout.com
- YouTube
- Website: https://www.evanneufeld.com
HERE ARE SOME OTHER WAYS TO CONNECT WITH ME:
- My website!
- Email: thetaxchickpodcast@gmail.com
- @tax.chick (IG)
- Be a "Tax Chick VIP"
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