Tuesday, July 23, 2013

TFSA savings after retirement date



Question:

The software appears not to allow for savings to be allocated to TFSA after retirement date.

Is there a way to grow my TFSA account after retirement?

Answer:

There are two places to enter TFSA amounts:
  • In 'Registered Investments' for retirement purposes
  • In Pre-retirement Budget, on the 'Budget Information' tab, to enter TFSA balances for a purpose other than retirement.



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