Archive for March 2010

TFSA vs RRSP – Clawbacks & Income Tax on Seniors

“The future ain’t what it used to be.” – Yogi Berra Tax Free Savings Accounts (TFSA’s) were announced in the 2009 federal budget. At first, it seemed they would be not nearly as useful as RRSP’s since there would be no tax refunds for contributing. However, we are starting to analyze TFSA’s and it seems…

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