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madmatt112  ·  1150 days ago  ·  link  ·    ·  parent  ·  post: What % of your take home pay do you invest?

Interesting, the Roth sounds identical to the Canadian Tax-Free Savings Account (TFSA), which has a CAD$5,000 maximum yearly contribution, and exempts all earnings from tax.

However, more or less anything can be placed in the TFSA umbrella/wrapper/container - stocks, bonds, cash, bank accounts, ETFs, etc etc etc.

Also, that 5k/yr limit is retroactive to 2009, so I've got a good amount of contribution room waiting for me when it's time to invest. :D Thanks Government of Canada!