If you are 18 or older, you got $7,000 worth of TFSA contribution room on January 1 of this year. If you turn 18 later in the year, you will get the contribution room on your birthday, when you become ...

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TFSAs allow Canadians to earn investment income tax-free, which can significantly accelerate long-term growth. The cumulative contribution room increases annually, and unused room carries forward ...