Re: $70/share club that is actually roughly 15 billion not 30. Eom
in response to
by
posted on
Feb 12, 2014 05:06PM
Condolences to you and your family Turr.
My understanding is that the funds inside a TFSA are tax free until the day of death. Interest earned after that date is taxable. You cannot transfer between TFSA accounts. You have to withdraw from one and deposit into another. If the account you are wanting to deposit into only has $10k room available, that is all you can move into it.
I hope that helps
Derek