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pls see attached 70 Allison just turned 28 years old on April 29, 2021. She is looking to make her first Tax-Free Savings Account (TFSA)
pls see attached
70 Allison just turned 28 years old on April 29, 2021. She is looking to make her first Tax-Free Savings Account (TFSA) contribution. As of today, Allison has only contributed $2,000 to date. Allison just received her company bonus and is transferring the money to her investment advisor for a contribution to her TFSA. What is the maximum contribution (including carry-forward amounts) that she can make? Tax-Free Savings Account (TFSA): Annual Limits Years Annual Limit Years Annual Limit Year started 2009 - 2012 $5,000/year 2016-2018 $5,500/year 2013 - 2014 $5,500/year 2019-2020 $6,000/year 2015 $10,000/year 2021 $6,000/year A $60,500 B) $53,500 $59,500 D $65,500 E $60,000
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