Timeline for US ISA equivalent for tax exempt investment & savings
Current License: CC BY-SA 3.0
9 events
when toggle format | what | by | license | comment | |
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S Jul 29, 2013 at 23:31 | history | suggested | Neuromancer | CC BY-SA 3.0 |
updated ISA limit - it was out of date
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Jul 29, 2013 at 23:16 | review | Suggested edits | |||
S Jul 29, 2013 at 23:31 | |||||
Sep 17, 2010 at 22:22 | vote | accept | Gus Paul | ||
Sep 16, 2010 at 17:28 | comment | added | Chris W. Rea | @justkt TFSA contributions are after-tax, like the Roth IRA. Money withdrawn is completely tax-free, no penalties. Here's a good post that compares TFSA vs. Roth IRA: moneysmartsblog.com/canadian-tfsa-vs-american-roth-ira | |
Sep 16, 2010 at 16:50 | comment | added | justkt | @Chris - is all the money withdrawn completely tax free, or just extra penaltry free? Do you invest with a pre-tax contribution? | |
Sep 16, 2010 at 16:47 | comment | added | Chris W. Rea | FWIW, in Canada we have the Tax Free Savings Account (TFSA), which is similar: no tax on income generated in the account, and tax-free withdrawals are permitted at any time. | |
Sep 16, 2010 at 16:29 | answer | added | justkt | timeline score: 6 | |
Sep 16, 2010 at 16:15 | history | edited | justkt |
edited tags
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Sep 16, 2010 at 16:05 | history | asked | Gus Paul | CC BY-SA 2.5 |