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Thread: Rrsp & Tfsa Both

  1. #1
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    Default Rrsp & Tfsa Both

    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.

  2. #2
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    yes you can have both.

  3. #3
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    They are separate, and you may have both. Each have their own rules and limit.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  4. #4
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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
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  5. #5
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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

  6. #6
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    you can also check your tfsa limits on the CRA my account:
    http://www.cra-arc.gc.ca/myaccount/

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