Living in Canada is like living in an open-air mental institution against your will, and your surrounded by people unaware of their own psychosis, who constantly gaslight you and label you the crazy one.
If you are Canadian,* consider designating a Successor Holder for your Tax-Free Savings Account (TFSA).
A Successor Holder designation is available exclusively for a spouse or common-law partner.
Designating them as Successor Holder allows them to take over your TFSA upon your passing - completely intact - and continue its tax-free growth.
With only a beneficiary designation, upon your passing your TFSA holdings are liquidated and the funds are paid out to the beneficiary.
In addition, a Successor Holder does not require additional contribution room. If they already have a TFSA, they effectively receive a second one - virtually doubling their tax-free growth potential.
A beneficiary must have available contribution room to re-shelter the funds.
Consult your financial adviser to see if designating a Successor Holder for your TFSA is right for you.
*Not available in Quebec.
🔥 JD Vance just said what every Canadian is thinking but too afraid to say out loud:
“Our living standards aren’t collapsing because of Trump they’re collapsing because of our own leadership.”
The CBC won’t like this one bit 🇨🇦
What you think about JD Vance statement?
Who won the last election for the Libs->QC
Who keeps killing pipelines->QC
Who gets the most transfers->QC
Who rules dairy quotas->QC
Why do we have French on cereal boxes in English Canada->QC
Who gave us the worst PMs in the last 60 years->QC
The average Canadian's largest expense is tax.
The average Canadian pays close to 50% of their income in tax. More than food and shelter combined.
So when the govt says Trump is the biggest threat to our economy, they're full of shit.
We're being bled dry by our own govts.
The hardest part about understanding Bitcoin isn't the technology.
It's accepting that everything you were taught about money was wrong.
And once you see it, you can't unsee it.
That's why Bitcoin conversations feel like deprogramming sessions.