CRA charges penalties for overcontribution on TFSAs? How do I avoid those charges? Where can I get updated information on my TFSA limit? Clinton and Kevin answer those questions in this Financial 15.
Clinton and Kevin are with Becker Orr Wealth Management and are both Portfolio Managers with Canaccord Genuity Wealth Management. Combined they have over 40 years of experience. In this episode they tackle:
0:00 Intro
0:57 TFSA Review
2:22 TFSA Overcontribution Penalty
3:33 Know Your Limit
3:55 CRA My Account
6:18 Overcontribution Example
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How to Avoid Penalties on your TFSA - Financial 15
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