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RRSP vs TFSA vs FHSA — Which Should You Prioritize in 2026?

  Published: April 2026 | Reading time: 11 min | Category: Investing, Personal Finance, Tax Savings Three registered accounts. Three sets of rules. And most Canadians are using at least one of them wrong. The RRSP, TFSA, and FHSA each offer powerful tax advantages — but they work in completely different ways, and the right priority order depends entirely on your income, your goals, and your timeline. Picking the wrong one first can cost you thousands in taxes over your lifetime. This guide breaks down exactly how each account works, who it's best for, and the optimal contribution strategy for 2026 based on your situation. A Quick Overview of All Three Accounts Before diving into strategy, here's how each account actually works: RRSP TFSA FHSA Contribution deductible? Yes No Yes Growth taxed? No No No Withdrawals taxed? Yes (as income) No No (if for a first home) 2026 annual limit 18% of income, max $32,490 $7,000 $8,000 Lifetime li...
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Travel Tips: 7 Tips for Overseas Flights


Travel Tips: 7 Tips for Overseas Flights



 Here are some tips for overseas flights that can help you prepare for your trip:

  1. Pack lightly. Overpacking can be a hassle when you’re traveling overseas. You don’t want to carry too much luggage around with you. Try to pack only what you need and leave the rest at home.

  2. Choose an aisle seat. On long flights, it’s recommended that you get up and walk to stretch your muscles and avoid blood clots in your legs. This is much easier to do in an aisle seat, so book one as soon as you book your ticket.

  3. Use travel apps. Apps can be a savior when traveling, but especially when you’re abroad. You can use travel apps to keep in touch with your airline, translate different languages, search for services at airports, choose your seats and myriad other tasks.

  4. Dress comfortably. On a long flight, you want to look well-dressed, but you also want to be comfortable. Wear clothes that are loose-fitting and comfortable.

  5. Arrive early. Most airlines want you at the airport at least two hours before your flight takes off, especially if you’re leaving from a U.S. international gateway airport. It will give you time to check your bags, check-in, navigate the airport security checkpoint and get to your gate in plenty of time and arrive stress-free.

  6. Zip through customs. Those who travel internationally know that U.S. Customs and Immigration lines can be a nightmare, especially at peak arrival times at the major international U.S. airports. Smart travelers carry the Global Entry card, which speeds you right past the Immigration and Customs lines.

  7. Lounge around. Because you need to be at the airport so far in advance, consider paying for access to an airline-branded or airport lounge.

I hope these tips help! Let me know if there’s anything else I can help with.
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