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Old 02-24-2015, 12:40 PM   #45
MoneyGuy
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Quote:
Originally Posted by Calgary14 View Post
Not directly related to the RRSP but a new study came out today saying that doubling the TFSA limit would only benefit the wealthy.

http://www.cbc.ca/news/politics/doub...gues-1.2967796

The study estimates if someone put the annual contribution limit in every year they could earn up to $8M over their lifetime (assuming the contribution limit gets doubled).
I think doubling the limit is a really bad idea.

Last edited by MoneyGuy; 02-24-2015 at 01:18 PM.
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