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The executor of Lindsay's mother's estate called last week to let her know that she has inherited $ 9 0 , 0 0 0 .
The executor of Lindsay's mother's estate called last week to let her know that she has inherited $ The executor confirmed that the money will be transferred to Lindsay's bank account on December Lindsay knows her mother worked hard to save this money and wants to put it to good use. She therefore wishes to use as much of this money as she can to contribute the maximum amount to her TaxFree Savings Account TSA Taking into consideration the following, calculate the maximum that Lindsay can contribute to her TSA? Do not forget about carryforward balances. We are December Lindsay is going to the bank next week and wishes to contribute the maximum amount from her mother's estate to her TSA Lindsay turned years old on May Lindsay's only contribution to date to her TSA was for $ in In when her TSA account grew to a market value of $ Lindsay withdrew the entire amount. Her TFSA account remains open but the balance is zero. TaxFree Savings Account TFSA: Annual Limits Annual Limit Years Years Year started Annual Limit $year $year $year $year $year $year
The executor of Lindsay's mother's estate called last week to let her know that she has inherited $ The executor confirmed that the money will be transferred to Lindsay's bank account on December Lindsay knows her mother worked hard to save this money and wants to put it to good use. She therefore wishes to use as much of this money as she can to contribute the maximum amount to her TaxFree Savings Account TSA Taking into consideration the following, calculate the maximum that Lindsay can contribute to her TSA? Do not forget about carryforward balances.
We are December
Lindsay is going to the bank next week and wishes to contribute the maximum amount from her mother's estate to her TSA
Lindsay turned years old on May
Lindsay's only contribution to date to her TSA was for $ in
In when her TSA account grew to a market value of $ Lindsay withdrew the entire amount. Her TFSA account remains open but the balance is zero.
TaxFree Savings Account TFSA: Annual Limits
Annual Limit
Years
Years
Year started
Annual Limit
$year
$year
$year
$year
$year
$year
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