Quiz: Test your TFSA smarts - MoneySense

Quiz: Test your TFSA smarts

Will you score better than most Canadians?

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After five years there’s still a big learning curve for Canadians when it comes to their Tax-Free Saving Accounts (TFSAs). A 2015 Mackenzie Investments survey conducted by Leger shows that many of us are still not familiar with the elements of the TFSA. Of five questions asked on the test, only 51% answered three or more correctly-that’s just slightly better than the results from a 2009 survey, in which 44% of Canadians answered three or more of these questions correctly. Take the quiz and test your own TFSA knowledge.


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