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Old 10-02-2012, 10:32 AM   #1277
Cecil Terwilliger
That Crazy Guy at the Bus Stop
 
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Join Date: Jun 2010
Location: Springfield Penitentiary
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Quote:
Originally Posted by calgaryrocks View Post
regarding tfsa, if I put money into my wifes tfsa, does it count towards her contribution or mine?
TFSA's belong to an individual. So her TFSA belongs to her and her only so you can't contribute to her TFSA at all (at least not without her present or consenting).

Any contribution to her TFSA will count towards her personal contribution limit which is currently $20k.

No such thing as an equivalent to a spousal RSP when it comes to TFSA's.

Last edited by Cecil Terwilliger; 10-02-2012 at 10:35 AM.
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