TFSA Contribution Room Explained | What Happens To Your Contribution Room When Your TFSA Grows?
Parallel Wealth Parallel Wealth
109K subscribers
8,938 views
0

 Published On Jul 5, 2021

Learn more about our services here: https://www.parallelwealth.com/planning

We've done a lot of videos on TFSAs, but there still is a little confusion around contribution room when your TFSA grows/shrinks. It's important to know the details around contribution room, as you may be leaving a good portion of your contribution room on the table.

If you have any further questions about this video's topic or any financial planning questions in general, I encourage you to find a certified financial planner in your area or book a consultation with us to get your savings plan on track.  You can learn more about our services at https://www.parallelwealth.com/planning or email [email protected]

OUTLINE:
0:00 - Introduction
0:51 - Max TFSA Contribution
1:57 - What Happens When Your TFSA Grows?
5:37 - What Happens When Your TFSA Shrinks?
6:56 - Summary
-----------------------------------------
DISCLAIMER: The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adam Bornn is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adam is not responsible for investment actions taken by viewers and his content should not be used as a basis for investment trades.

Take our Retirement Ready Assessment https://www.parallelwealth.com/retire...
My daily read to stay connected https://www.morningbrew.com/daily/r?k...
Book recommendation: https://www.amazon.ca/Start-Why-Leade...

show more

Share/Embed