Can I have a self-directed TFSA?

Yes, any individual above 18 with a SIN card can open a self-directed tax-free saving account. The CRA predetermines the contribution room to the TFSA, and any unused amount in the previous years can be carried forward.

Can I invest my TFSA in stocks?

Absolutely! A TFSA account can hold a wide variety of investible assets, including stocks. Based on individual investing goals and objectives, investors can choose to seek exposure to stocks or even other exchange-traded products such as mutual funds.

TFSA - PiggyBank

Self Directed TFSA: What is it & How It Works

This article covers the basics of Self-Directed TFSAs, the value it brings, potential pitfalls, and how to get started with an account of your own!

TFSA Contribution Limit for 2023

Learn how you can stay within the rules and be as efficient as possible with your tax-free savings accounts.

Tax Free Savings Account (TFSA) Guide for Canadians

In the world of Canadian personal finance, the Tax Free Savings Account (TFSA) is one of the most important tools that investors can use as a ‘tax shelter’ for their investments.

TFSA Withdrawal Rules Explained

The Tax-Free Savings Account (TFSA) withdrawal and re-contribution implications explained.