Canada Revenue Agency 2021: 1 Important TFSA Change to Note
The Canada Revenue Agency (CRA) announced several important updates before 2020 ended. One of the most important updates was regarding the Tax-Free Savings Account (TFSA). The TFSA has become an exceptional investment tool that Canadians have been using to improve their savings practices since its inception in 2009.
I will discuss the TFSA update announced by CRA for 2021 and two ways you can use the TFSA change to your advantage.
Original Article Source Credits: The Motley Fool , https://www.fool.ca/
Article Written By: Adam Othman
Original Article Posted on: January 25, 2021
Link to Original Article: https://www.fool.ca/2021/01/25/canada-revenue-agency-2021-1-important-tfsa-change-to-note/