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m_halcrow
New Member

Can i withdrawl from TFSA Tax Free saving contribution room from CRA? i need a better understanding what that is.

 
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Can i withdrawl from TFSA Tax Free saving contribution room from CRA? i need a better understanding what that is.

As per the CRA: Depending on the type of investment held in your TFSA, you can generally withdraw any amount from the TFSA at any time. Withdrawing funds from your TFSA does not reduce the total amount of contributions you have already made for the year.