Overcontributing to your #TFSA comes with a penalty. 1% per month on the excess amount until it’s removed. Avoid it at all costs. But if it happens because you’re saving aggressively? That’s actually a good problem and easy to fix. At that point, it may be time to look at other registered #options like #RRSP, #FHSA, or #RESP. And only consider advanced strategies once the basics are optimized. #Grow your #money the right way. Also, don't forget to #invest that money inside your TFSA. Disclaimer:
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