Written by: Methusan Thiruchelvanathan The Tax-Free Savings Account (TFSA) is a program in Canada that allows Canadian residents who have a valid SIN and are over the age of 18 to open a tax-deferred savings account with a financial institution, credit union or insurance company. Any income earned in this account is generally tax-free. In [...]The post What Happens if I Over-Contribute to my TFSA? appeared first on Sloan Group LLP.