Hello there, Can we have both RRSP and TFSA or we are allowed to have just only one either RRSP or TFSA ? Please advise. Thanks for your help.
Hello there, Can we have both RRSP and TFSA or we are allowed to have just only one either RRSP or TFSA ? Please advise. Thanks for your help.
yes you can have both.
They are separate, and you may have both. Each have their own rules and limit.
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You can definitely have both.
You can also call into CRA and find out what your TFSA contribution limit for the year is. Since its January its a good habit to check.
I just called in and it was very interesting. Not the number i thought it was .
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
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$36500 (total contributions) is what your TFSA limit should be this year as long as you were 18+ at inception of the program
you can also check your tfsa limits on the CRA my account:
http://www.cra-arc.gc.ca/myaccount/