Wednesday, May 15, 2024

Can you inherit a TFSA tax-free?

 Can you inherit a TFSA tax-free?

A designated beneficiary will not have to pay tax on payments made out of the TFSA, as long as the total payments do not exceed the fair market value (FMV ) of all the property held in the TFSA at the time of the holder's death.Jan 17, 2024

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