A few weeks ago, I wrote how I was preparing for the arrival of the TFSA by unwinding the GIC ladder I am using for my emergency fund.
It seems the timing was good for that, since lat week ING Direct announced that they were offering the TFSA early. You could open the account now, and it would be automatically converted into a TFSA on January 1st. As a bonus, they would pay out a bonus equal to their regular interest rate on any money deposited in it, to compensate for taxes.
So I've moved money to take advantage of the offer, and will keep moving more as my GIC ladder unwinds.
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1 comment:
Good post however I was wanting to know if you could write
a litte more on this topic? I'd be very thankful if you could elaborate a little bit further. Thanks!
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