How to use your Tax Free Savings Account (TFSA) as your Child’s Education Savings Plan
What’s a Tax Free Savings Account (TFSA) A Tax-Free Savings Account is a Canadian government registered account available to all Canadians over the age of 18. Started in 2009, contributors (depositors) are permitted to deposit a government set amount of money every year into their TFSA account. The amount of the annual contributions are set […]
Can I Open A TFSA for my Child? What’s the Minimum Age to Open a TFSA?
What’s the Minimum Age to Open a TFSA? Parents today are facing many challenges. Between record-high cost of living, finding an affordable home to raise a family and deciding the best way to invest for their children’s future and education can feel impossible. However, achieving those long-term financial dreams for both them and yourselves are […]