@canadawealthos: Two money moves to make BEFORE December 31. Miss the date and you can't go back. 1️⃣ OPEN YOUR FHSA Your FHSA room only starts building from the year you OPEN the account, not the year you arrived. Open it before Dec 31 = you lock in this year's $8,000 of room, even with $0 deposited. Unused room carries forward. Wait until January = this year's room is gone forever. Opening is free. 2️⃣ TIME YOUR TFSA WITHDRAWAL Withdrawn room comes back Jan 1 of the NEXT year. → Withdraw Dec 30 = room back in 2 days → Withdraw Jan 2 = wait a full year Plus new TFSA room gets added every Jan 1. Check your exact amount in CRA My Account. ⚠️ Your RRSP deadline is NOT Dec 31. It runs into the first 60 days of the new year. Don't mix them up. Put Dec 31 in your phone tonight. Full breakdown at canadawealthos.ca

canadawealthos

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Sunday 01 November 2026 02:10:37 GMT