Tag · Canada

over-contribution

1 Loophole 🇨🇦 Canada

Loopholes Tagged "over-contribution"

Plain-English guides to Canadian legal rights and workarounds related to over-contribution.

Easy If You're Saving for Retirement

TFSA Over-Contribution Penalty Waiver

CRA has discretion to waive TFSA over-contribution penalties if the excess arose from a reasonable error — most Canadians who receive these penalties don't know they can ask CRA to cancel them entirely.

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