InvestorsHub Logo
Post# of 8585
Next 10
Followers 51
Posts 13369
Boards Moderated 4
Alias Born 06/13/2003

Re: KastelCo post# 7347

Wednesday, 02/27/2008 12:28:15 AM

Wednesday, February 27, 2008 12:28:15 AM

Post# of 8585
Re kids, I think TFSA for 18 and over.

I think the RRSP TFSA equivalence they are getting at is all your impressive RRSP gains will eventually get taxed.
Those same gains in a TFSA would be tax free.

RRSP tax break up front, principal and gains eventually taxed = TFSA no tax break up front, principal and gains never taxed.





T

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.