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Is it worth contributing to a Canadian TFSA from the USA?

I am a Canadian citizen studying for a PhD in the USA. From the CRA's point of view, I'm a Canadian resident; from the IRS's point of view, I'm a non-resident alien. My investment goal is long-term ...
Ryan Kavanagh's user avatar
2 votes
3 answers
8k views

Is a Canadian TFSA similar to an American Roth IRA?

Canada never used to have a "pay tax now, but don't pay tax later" investment option, until 2009 when the TFSA (Tax-Free Savings Account) was created. Is this fundamentally the same as a US Roth IRA? ...
Ether's user avatar
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