NerdWallet Canada selects the best high-interest tax-free savings accounts based on several criteria. Factors in our evaluation methodology include annual percentage yields, minimum balances ...

“What happens to losses in a TFSA account? For example: If I have invested the full ... Remember, there are organizations that exist to protect your assets in case of bank failure, such as CDIC, CIPF, ...

By investing $15,000 in solid dividend stocks in your TFSA, you can start your cash-generating tax-free machine! The post ...

However, if cash is what you want, pick a TFSA like those listed below, which offer superior interest rates on the money you hold in the account. The EQ Bank TFSA savings account has a competitive ...

Kevin Nishmas is an expert financial content writer with a long and successful history of working with Canada's largest financial institutions. His knack (and passion) for transforming complex ...

In 2025, the annual contribution limit of the TFSA is $7,000. Fortunately, unused contributions can be carried over from year ...

The Royal Bank of Canada (RBC) is Canada’s biggest bank. Like the majority of banks in Canada, it offers a tax-free savings account (TFSA), which comes with features and benefits set out by the CRA.

The TFSA is the perfect place to hold Canadian stocks that will compound and multiply over decades. These stocks are a great ...

A tax-free savings account is still one of the best ways to save to reach your long-term financial goals. “This is an incredible gift if used to its maximum. Just picture how powerful the ...

For example, EQ Bank’s TFSA Savings Account pays 2% interest on cash savings. If you do end up overcontributing to your TFSA, know that the CRA charges a penalty tax of 1% per month on the exces ...

These four blue-chip stocks are ideal for a TFSA: easy to set and forget for life or when you reach your next goal! The post ...