Assuming you are Susan and Mary's financial advisor what advice would you provide them in terms of the use of TFSA's a. Are TFSA's appropriate strategy for Susan and Mary? Why? b. What is the yearly TFSA limit? c. What are the benefits of using a TFSA? d. What savings goals are IFSA's used for? e. If they have never contributed to an TFSA what would their limits be? (Assume the year is 2019) f. What happens as it relates to TFSA limits if a withdrawal is made from a TFSA?

Q&A Education