How can 70,000 Canadians get it wrong?
We're talking about the debacle that followed the introduction of TFSAs. You can read more about it here:
TFSA confusion leads to costly penalties for 70,000 Investors who miss the fine print on tax-free savings accounts can easily end up with an over-contribution
Financial writer Gordon Pape joined us live on Wednesday to answer your questions about TFSAs. You can replay the discussion below. BlackBerry and iPhone users can view a mobile-friendly version
by clicking here.
Mr. Pape is the editor and publisher of four
: Mutual Funds Update, a monthly publication on mutual fund investment strategies; the Internet Wealth Builder, a weekly e-mail investment advisory; The Income Investor, a monthly report on income securities; and The Canada Report, a monthly newsletter for U.S. residents who want to invest in Canada. He has also written and co-authored many books, with total sales in Canada and the U.S. exceeding one million copies. His latest book,
The Ultimate TFSA Guide: Strategies for Building a Tax-Free Fortune, was recently published by Penguin Canada.
<iframe src="https://www.coveritlive.com/index2.php/option=com_altcaster/task=viewaltcast/altcast_code=9c7177765d/height=650/width=600" scrolling="no" height="650px" width="600px" frameBorder ="0" allowTransparency="true" ><a href="https://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=9c7177765d" >Got a TFSA question?</a></iframe>