Conservatives pledge increased TFSA limits - MoneySense

Conservatives pledge increased TFSA limits

TFSA limits would be doubled, eventually.

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Prime Minister Stephen Harper has promised to double the amount Canadians can save in a Tax Free Savings Account, increasing the current limit from $5,000 to $10,000 per year.

However, like the proposed income-splitting tax break this latest campaign promise wouldn’t take effect until after the federal budget has been balanced in 2015.

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