Tagged Questions
1
vote
1answer
57 views
Should I contribute to my RRSP or wait?
I am Canadian and I have a large amount of RRSP contribution room. I do have money to contribute, but I will have no taxable income this year.
Should I make my RRSP contributions now, or save the ...
2
votes
2answers
197 views
What happens if TFSA contribution limits are exceeded?
When CRA says the annual limit for a TFSA is $5000, what does it mean? What happens if I put in $6000. The gains will be taxed? How exactly? Divide the gains by 1/6, then tax the 1/6 part???
