Read more about the article Maximize Your TFSA Contribution, you Would Save $12,071.11 CAD In Tax.

Maximize Your TFSA Contribution, you Would Save $12,071.11 CAD In Tax.

If you had maximized your TFSA contribution since its inception, you would have saved $12,071.11 CAD in tax up until end of year 2020. Below is the detailed calculation, you can easily see the difference in tax savings using TFSA vs using Non-registered Accounts.

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