Yesterday, I did what I am sure all people rising on January 1st did – I checked to see if quicktaxweb.com had updated their website so I could start 2012 taxes and I transferred my 2013 allocation into my TFSA. (It’s the most wonderful time of the year).
I did meet a hung-over bearded man in the elevator wearing last night’s clothes, a toque and a large booger on his mustache. I am sure that he did his transfer by cell phone just after the clock struck midnight.
But today, I remembered what I forgot: the TFSA contribution room each year is indexed to 2009.
January 2nd, 2013 Extra-Ordinary: $500 more dollars in the old TFSA. People, don’t forget! Deposit today! And organize your tax receipts!