Everything you need to know about Tax Free Savings Account (TFSA). Learn how to use it for maximum advantages, what are the contribution room, rules and limits. Save more with MDJ's optimal TFSA strategies.

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Big Banks Mutual Funds

Tangerine vs EQ Bank Comparison and Promotion for 2021

By Kyle Prevost March 17, 2021

Even with new up and comers challenging for the title of Best Online Bank in Canada in 2021, for most people it boils down to…

Tfsa Vs Rrsp2

TFSA vs RRSP- Canada’s Registered Account Faceoff

By Marc January 23, 2021

The eternal questions I get every year, especially around tax season, are: “Should I max out / invest in my RRSP or TFSA?”  “RRSP or…

Big Banks Mutual Funds

The Best Online Banks in Canada 2021

By Hannah January 17, 2021

Given the new importance of doing things online in 2020, we felt that we needed to refresh our best online banks in Canada article for…

Top Canadian High Interest Savings Accounts

Best High Interest Savings Accounts 2021

By FT July 12, 2020

I’ve been writing about Canada’s best high interest savings accounts since I first started this blog back in 2007!  Somewhat embarrassingly, I actually had a…

Accounts For Retired Canadians

Withdrawing from your RRSP, TFSA, and Non-Registered Accounts for Retired Canadians

By Kyle Prevost March 1, 2020

After writing a deep dive article on whether the 4% safe withdrawal rate still works for retirement at various ages, I received a lot of…

How Much TFSA Contribution Room Do I Have

How Much TFSA Contribution Room Do I Have In 2020 and What Are the TFSA Rules and Limits?

By FT February 16, 2020

If you turned 18 on or before 2009, you have a ton of TFSA contribution room that you can use at any time.  Our table…

maxed out rrsp and tfsa now what

Maxed out RRSP and TFSA – Now What?

By FT April 8, 2019

I received an email from a reader with a bright financial future. She has both her RRSP and TFSA maxed out and wondering what to…

Where to Put your Investments for Maximum Tax Efficiency

By FT April 16, 2018

I’ve been getting a number of emails from readers about dividend investing and which type of investment account to use for maximum tax efficiency.  This…

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