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How does a U.S.-dollar TFSA work? - MoneySense

Summary by MoneySense
Ask MoneySense I just set up an American dollar TFSA to complement my existing TFSA. I do not know how the contribution gets calculated, and the goal is to not overcontribute with the sum of these. —Michelle An investor can open more than one tax-free savings account (TFSA). There are no restrictions on the number of accounts that can be opened, either. Some people have a TFSA for cash savings at an online bank and another for securities at a di…
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MoneySense broke the news in on Tuesday, May 20, 2025.
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