TFSA: How to Turn the New $7,000 Contribution Into Monthly Passive Income
Canadians get to add an additional $7,000 to the TFSA (Tax-Free Savings Account) in 2025. That is an extra $7,000 that can be used to generate passive income with zero tax consequence. Inside the TFSA, you don’t pay tax when you sell your investments or collect dividends. You don’t pay tax when you withdraw from […]
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