On today’s Honest Money podcast, Warren Ingram answers your questions around Tax-Free Savings Accounts, from best practices, finding the right institute and whether or not an RA is still necessary.
Questions/ Topics:
- As a young professional that’s starting their saving journey, should i have more than 1 Tax-Free savings account? I am also a contractor and don’t have a retirement plan with my company, am i limited to an RA or will a Tax-Free Savings Account suffice?
- I’m starting my investment journey and i want to invest in a Tax-Free savings account, there’s conflicting advice with regards to opening up one with a bank or a unit trust company/ easy equities index provider. What is the best practice?
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