I am starting a new job soon and the employer matches up to 8% of base. Obviously i am going to maximize my contribution to recieve the full 8% match. However, it can also be directed into a TFSA. Currently i have never contributed to a TFSA, only RRSPs, so my limit is pretty high right now.
Would a 50/50 split be advisable until i reach my contribution limit on the TFSA? I see this as being advantageous as i would be access to cash on the TFSA in the event of some life emergency and i wouldn't have to pay taxes on it. The downside as i lose the relief on taxes for the full amount going to RRSPs.
So beyond....what say you?