CSI will be performing maintenance on June 22nd from 7:00 PM to 12:00 AM EST. Exam scheduling will be unavailable. Existing exam bookings will not be impacted. Please do not submit support tickets for scheduling issues during this time.

What will you learn about?

The course consists of five lessons that include:

  • Applying the basic rules of TFSAs
  • Contributions, Qualifying Investments and Penalties
  • Transfers, Tax Deductions and Other Rules
  • TFSA Suitability and a Comparison with RRSPs
  • Income Splitting and Other Benefits

The course also includes 5 Learning Activities.

What is the course syllabus?

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Lesson 1: Applying the Basic Rules of TFSAs

Topics covered in this chapter are:

  • The Basic Rules
  • The Parties to a TFSA
  • What Qualifies as a TFSA?

Lesson 2: Contributions, Qualifying Investments and Penalties

Topics covered in this chapter are:

  • Calculating Contribution Room
  • Excess Contributions
  • What Can You Put in a TFSA?
  • Penalty Taxes on Investments

Lesson 3: Transfers, Tax Deductions and Other Rules

Topics covered in this chapter are:

  • Transfers Between TFSAs
  • Tax Deductions and Capital Gains and Losses
  • TFSAs and Non-Residents
  • When a TFSA Ceases to be a TFSA
  • When the Holder of a TFSA Dies

Lesson 4: TFSA Suitability and Comparison with RRSPs

Topics covered in this chapter are:

  • The Suitability of Investing in a TFSA
  • Comparing RRSPs and TFSAs
  • Which is Best for Retirement?
  • Having Both an RRSP and a TFSA

Lesson 5: Income Splitting and Other Benefits

Topics covered in this chapter are:

  • Income Splitting
  • TFSAs and Government Benefit Clawbacks
  • What Types of Investments Should a TFSA Hold?
  • How Much Money can Accumulate Tax-Free Within a TFSA?