The TFSA Mistake Many Canadians Makeย ๐ก
In the latest episode ofย Building Wealth on the Go, Brad Wilson breaks down a common TFSA misconception and how Canadians can make better use of this flexible planning tool.
Most Canadians have a TFSA, but many are missing its biggest benefit.
Despite the name, aย Tax-Free Savings Account isnโt just for savings.
A TFSA can hold investments like stocks, ETFs, bonds, or mutual funds. When used this way, any growth inside the account can growย tax-free, and withdrawals remain tax-free too.
The key is understanding how the account is meant to work, not just what the name suggests.
๐ง Tune in to learn how this account may help support your financial goals at different stages of life.