(OT) re: swaps
in response to
by
posted on
Mar 11, 2014 10:39AM
used to be that simple until 2011.
thanks HarperCo.
execution of this gets harder and harder, depending on the broker you choose ... e.g., I think TD has even flatly banned swaps outright, even though they're still technically allowed by CRA and is still possible, given some fancy manouvering (Norbert's Gambit comes to mind...)
GLTA,
R.
http://www.taxtips.ca/tfsa/swaptransactions.htm
http://jamiegolombek.com/articledetail.php?article_id=1139
http://www.canadiancapitalist.com/why-ban-swap-transactions-in-tfsa-accounts/
http://www.milliondollarjourney.com/in-kind-transfers-non-registered-stocks-to-an-rrsp-tfsa.htm
http://www.canadiancapitalist.com/td-waterhouse-disallows-rrsp-swap-transactions/
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ntvdnc/menu-eng.html