Linda J. Levesque CFP®, FMA, FCSI®’s Post

TFSA Contribution Room: What You Need to Know Making a Large Top Up You Asked, We Answered #tfsa #cracontributionlimits #financialplanningbasics #savingtodayforarichertomorrow #levesquewealthplanning

Some of the most common questions we receive are related to the differences between an RRSP and a TFSA. 📈📊 This post provides a basic breakdown of their differences to help you better understand the benefits and limitations of each! 📚 Click here to read more: https://lnkd.in/ggnNZbGk  #milnerfinancial #cobourgontario #financialservices #financialliteracy #RRSP #TFSA

TFSA for Flexible Savings: Discover the flexibility of a TFSA. Carry forward unused contributions, withdraw without penalty, and enjoy tax-free growth. It's an excellent tool for savvy savers. #TFSA #SavingsGrowth

Every once in a while, I like to throw it back to an informative blog that I've written, which works to describe some financial term or investment concept. This time around, I'm bringing back an informative piece on the TFSA vs FHSA. I often get questions about where the best place to put your dollars is, and to be honest, it really depends on your lifestyle, goals, etc. However, putting money into a TFSA and FHSA can be really helpful for future wealth-building. Wanting to learn more? Maybe you have one or the other? Find out in my TFSA vs FHSA blog, located below. https://lnkd.in/gjSmcNjQ #investinfutureyou #womenofwellington #wealthmanagement #wealthwithjulie #seniorinvestmentadvisor #wealthbuilding ⁠#wealthadvisor #riskmanagement #personalfinance ⁠#tfsa fhsa

TFSA for Flexible Savings: Discover the flexibility of a TFSA. Carry forward unused contributions, withdraw without penalty, and enjoy tax-free growth. It's an excellent tool for savvy savers. #TFSA #SavingsGrowth

"A TFSA is like a Swiss army knife for saving, with its versatility and tax-free growth making it a powerful tool in any investor's arsenal." Think of a TFSA as your financial Swiss army knife - versatile, powerful, and essential for any savvy investor. With its tax-free growth and flexibility, it's more than just a savings account; it's a tool that empowers you to achieve your financial goals. Whether you're saving for a rainy day, investing in your future, or pursuing your dreams, a TFSA is a must-have in your financial arsenal. Unlock its potential and watch your wealth grow, tax-free. #TFSA #FinancialFreedom

Is it better to save in an RRSP or TFSA? I can help you decide. #financialplanning #financiallysecure #savingmoney #TFSA #RRSP

TFSAs are a smart way to achieve your financial objectives with tax-free growth and withdrawals. And did you know that the amount you withdraw is restored the following year? If you're considering opening a TFSA or already have one, watch for four common mistakes to avoid. #TFSA #tfsamistakestoavoid

Three of my clients maxed out their First Home Savings Account eligibility of $16,000 but each one did it differently. One deposited $8,000 in November 2023 and another $8,000 on Tuesday, the second deposited $4,000 four times over the course of eight months while the third person started with a deposit of $2,000 and then invested $500 bi-weekly. Now they are all set until the next $8,000 of eligibility is available in January 2025. No matter what saving strategy you employ, using the FHSA as part of your Financial Flight Plan is a smart decision. #fhsa #investing #finances #housepurchase

It’s been a challenging year for the FAFSA. A much-needed update to the form added complications to the submission process for many students, families, and institutions. In today’s episode of CCA On the Air, financial aid experts and leaders share their strategies and tactics for increasing FAFSA completion rates while navigating this year’s challenges of implementing the updated financial aid application. Check out a preview below and the full episode here: https://lnkd.in/etq2J5Rh #CCADoesTheWork #FAFSA