Posts Tagged contribution limit

USE YOUR TFSA CONTRIBUTION ROOM TO MAXIMIZE TAX FREE GROWTH

    Starting January 1, 2016, the annual TFSA dollar limit decreased from $10,000 to $5,500 and will be subject to indexation. The TFSA contribution limit for 2018 will remain $5,500. This is since the indexation adjustment for personal income tax and benefit amounts is 1.5% for ...

Comments Off on USE YOUR TFSA CONTRIBUTION ROOM TO MAXIMIZE TAX FREE GROWTH   |   Posted in Investments,Latest News,Tax Free Savings Accounts February 02, 2018

TFSA CONTRIBUTION LIMIT IN 2015

In 2015, you can contribute a maximum of $5,500 to your TFSA account. You can also carry forward amounts that you have contributed since 2009 and you can deposit amounts that you had withdrawn ...

Comments Off on TFSA CONTRIBUTION LIMIT IN 2015   |   Posted in Latest News,Retirement Planning,Tax Free Savings Accounts,Tax Planning March 18, 2015

RRSP Contributions – Facts & Figures

With the March 1st deadline for RRSP contributions for 2010 looming, here are some facts and figures to help you organize and ensure that you reap the maximum benefits from your RRSP contributions: The maximum RRSP contribution limit for 2010 is the lower of 18% of ...

Comments Off on RRSP Contributions – Facts & Figures   |   Posted in Retirement Planning,RRSP,Tax Planning February 25, 2011