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2024 Year End Checklist

It's Personal Finance Canada

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Maximizing TFSA Benefits in 2025

This chapter delves into the 2025 increase of the Tax-Free Savings Account (TFSA) limit by $7,000 and its implications for savers. It also covers strategies for managing tax obligations through TFSAs and RRSPs, emphasizing the importance of contribution timing and recent rules that allow for year-end adjustments.

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