Account types Back Retirement Registered Retirement Savings Plan (RRSP)Tax-Free Savings Account (TFSA)Locked-In Retirement Account (LIRA)Spousal RRSP Education Registered Education Savings Plan (RESP)Non-registered account Home First Home Savings Account (FHSA) Spend & save Chequing accountHigh Interest...
Business brokerage account Tax-free savings account (TFSA) Registered retirement savings plan (RRSP) Spousal RRSP Registered education savings plan(RESP) Locked-in retirement account(LIRA) The Bottom Line Passive investors will find a lot to like at Wealthsimple. New investors will not be overwhelmed...
All you have to do is create an account with Wealthsimple Tax to begin filing your tax returns. You’ll need to fill in basic information like your name, address, marital status, date of birth, and your registration with the Canada Revenue Agency (CRA). After linking your CRA account, do...
Account types Whether you’re saving up for the long run or building your first emergency fund, we have accounts that will help make the most of your money. Investing Registered Retirement Savings Plan (RRSP) Tax-Free Savings Account (TFSA) First Home Savings Account (FHSA) All accounts Spend...
No matter the size of your account, you’ll receive a free portfolio review of any non-Wealthsimple brokerage accounts, reap the benefits of automatic tax-loss harvesting (which aids in minimizing your tax liability), access to fractional share investing, options for making Socially Responsible Inv...
We require aSocial Insurance Numberin order to provide appropriate tax reporting information to the CRA. Have a valid phone number You must have a valid cellular or landline phone number. You'll be prompted to verify your phone number when you create your account. ...
Account Types Based on our findings, the broker offers a range of account types to suit diverse financial needs. These include account types such as theRegistered Retirement Savings Plan (RRSP), Tax-Free Savings Account (TFSA), First Home Savings Account (FHSA), Non-registered Account, and oth...
Tax loss harvesting available with premium $0 to open account Cons Limited choices in portfolio creation. Management fee of 0.5% is higher than average. Only available to Canadian residents Account Setup Wealthsimple gets personal on the first screen of the account setup process. This means you can...
Womp womp. That means freelancers need to create their own savings strategy. Here’s how. Finance for Humans The Perfect Guide to Every Little Tax Question You Have Or at least the 13 most common, thorny questions. We gathered answers to everything you were afraid to look up on the ...
Today, members who are interested in trading their own stocks using the savings they accumulate in a group savings plan will need to perform regular transfers in-kind to a self-direct trading account at Wealthsimple. There is no tax impact of doing so, but it does require a manual action ...