DON'T Contribute to Your TFSA on Jan 1st. (Here's Why) скачать в хорошем качестве

DON'T Contribute to Your TFSA on Jan 1st. (Here's Why)

Do not transfer a single penny into your TFSA or RRSP until you watch this. On January 1st, 2026, the CRA resets your contribution limits. While the new $7,000 TFSA limit sounds great, a specific inflation adjustment has created a "Math Trap" that could trigger a 1% monthly penalty tax on Day 1. In this video, I’m handing you my 6-Point "Compliance Checklist" to audit your accounts before New Year's Day. We cover the hidden FHSA deadline, the "Successor Holder" mistake 90% of families make, and the exact ETF strategy to maximize your tax-free growth 📚 THE STRATEGY I USE (The Simple Path to Wealth) The investing strategy I mention in this video comes from the "Bible" of index investing: The Simple Path to Wealth by JL Collins. ⚠️ The "Free Loophole" (Keep it Forever): You don't have to buy the book. I found a way for you to listen to the audiobook for $0. If you use the trial link below, you get the audiobook for free. Even if you cancel 5 minutes later, you keep the book forever. 🎧 Listen for Free (Audiobook): 🇨🇦 Canada: https://amzn.to/4avvmcM 🇺🇸 USA: https://amzn.to/3MZTqL1 📖 Prefer Paper? (Hardcover): (Tip: Add it to your cart now so you don't lose it) 🇨🇦 Canada: https://amzn.to/3MVROSz 🇺🇸 USA: https://amzn.to/4pc1Uw4 💰 THE TOOLS I USE (Canadian Compliance) 📈 My Investing Platform (Wealthsimple): https://www.wealthsimple.com/invite/H... (Get a $25 cash bonus when you fund your account) 🏦 My High-Interest Cash Account (EQ Bank): https://join.eqbank.ca?code=mohammed2931 (Where I park my emergency fund to earn interest) 🛑 DON'T MISS THIS NEXT "The 8 Common TFSA Traps That Destroy Returns" 👉    • Most Canadians Make This TFSA Mistake Befo...   The 2026 TFSA contribution room has officially increased, but calculating your lifetime limit requires checking your MyCRA account manually. Many Canadians miss the First Home Savings Account (FHSA) deadline on December 31st, costing them $8,000 in tax-deductible room. Whether you follow a passive income strategy (like The Simple Path to Wealth) or a total market growth strategy (using ETFs like XEQT or VFV), maximizing your tax-sheltered accounts is the fastest way to financial independence in Canada. LEGAL DISCLOSURE: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.ca and Amazon.com. DISCLAIMER: This video and description may contain affiliate links, which means that if you click on one of the product links, I’ll receive a small commission. This helps support the channel and allows us to continue to make videos like this. Thank you for the support! FINANCIAL DISCLAIMER: The information contained in this video and the resources available for download/viewing through this channel is for educational and informational purposes only. I am not a financial advisor, and this is not financial advice. Always do your own research and consult a licensed professional before making any investment decisions.