Now I created a TFSA and I would like to transfer some stock...
Now I created a TFSA and I would like to transfer some stocks to my TFSA account in order to max it out.
1. Is there a way to proceed to transfer my current stocks to my TFSA without having to sell the stocks, transfer the money between the accounts and rebuy the stocks.
2. I have a 69 000$ (cad) limit on my TFSA. If I can't transfer the stocks directly and I have to sell them first. Can I transfer the usd to the usd TFSA account?
1. Is there a way to proceed to transfer my current stocks to my TFSA without having to sell the stocks, transfer the money between the accounts and rebuy the stocks.
2. I have a 69 000$ (cad) limit on my TFSA. If I can't transfer the stocks directly and I have to sell them first. Can I transfer the usd to the usd TFSA account?
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Samanthaa : As long as they are qualified investments, you should be able to “transfer in kind”.
WeedStreet OP Samanthaa : Ok, that's good.