Skip to main content

Featured

Understanding Your TFSA Contribution Room in 2026

A Tax‑Free Savings Account (TFSA) is one of Canada’s most flexible and powerful savings tools, but figuring out your exact contribution room can feel like solving a puzzle. A clear breakdown makes it much easier. How TFSA Contribution Room Works Your available room is made up of three parts: Annual TFSA limit for the current year Unused contribution room from previous years Withdrawals from previous years (added back the following January) For 2026, the annual TFSA limit is $7,000 . Step‑by‑Step: How to Calculate Your Room Use this simple formula: [ \text{TFSA Room} = \text{Unused Room from Prior Years} + \text{Current Year Limit} + \text{Withdrawals from Last Year} ] A quick example: Unused room from past years: $18,000 2026 limit: $7,000 Withdrawals made in 2025: $4,000 [ \text{Total Room} = 18,000 + 7,000 + 4,000 = 29,000 ] That means you could contribute $29,000 in 2026 without penalty. A Few Helpful Notes Over‑contributions lead to penalties, so it’s worth...
Post a Comment
Read more

article

Labels

Almond Cookies


With their chewy texture, rich almond flavor, and just the right amount of sweetness, almond cookies are perfect for holiday gatherings, afternoon tea, or a cozy coffee break.


Ingredients

3 large egg whites

½ teaspoon salt

½ teaspoon almond extract

1 teaspoon vanilla extract

1 cup granulated sugar

2½ cups almond flour

About 1 cup confectioners’ sugar (for rolling)


instructions

1. Whisk egg whites, salt, almond extract, and vanilla extract until frothy.

2. Add granulated sugar and whisk until combined.

3. Stir in almond flour until the dough comes together.

4. Chill the dough in the refrigerator for at least 1 hour.

5. Roll dough into balls, coat with confectioners’ sugar, and place on baking sheets.

6. Bake at 350°F (175°C) for 20-25 minutes until puffed with a crinkled appearance.

7. Let cool on baking sheets before transferring to a wire rack.




Labels:

Comments

Post a Comment