ACCOUNTANT EXPLAINS: Optimal Order of Investing in TFSA, RRSP, and FHSA
Автор: Alice Cheung
Загружено: 2024-05-09
Просмотров: 1419
Описание:
In today's video, I explain the optimal order of investing for tax-advantaged accounts including TFSA, RRSP, and FHSA accounts. Despite these being simple every day terms, we don't really learn anything about these accounts in school. I discuss the benefits of each account and considerations for each. This is a great overview and is applicable if you are a Canadian and wondering what the best accounts for investing are. I hope this video saves you thousands of dollars in tax!
TIMESTAMPS
00:00 Introduction
00:41 TFSA
01:01 TFSA Example
02:12 FHSA
04:40 RRSP
06:14 RRSP Example
07:33 How You Benefit From RRSPs
09:00 Advanced Tax Planning Tip (What Wealthy People Do)
10:45 Taxable Investment Accounts
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