Post
Topic
Board Economics
Re: Convince others to tap retirement plans
by
Pinemarten
on 27/09/2025, 11:53:31 UTC
I did not say beg, force, sales pitch, etc. I just said convince the masses that 1 to 5% of existing savings can help all of us. I also fixed the scribd link.

https://www.scribd.com/document/923855261/A-Realistic-Estimate-of-Canadian-TFSA-Capital-Entering-the-Bitcoin-Market

https://en.wikipedia.org/wiki/Tax-free_savings_account

TFSAs are not tax deferred retirement accounts. They are tax free income accounts. Original funds in are taxable, but income while in the accounts are not. Each Canadian has a total TFSA limit of over $100,000 that increases by $7,000 each year. My TFSAs total over $100,000 right now, all in yield crypto ETFs. My RRSPs, which are 'tax deferred' retirement funds total another $100,000+ in 'Purpose Bitcoin Yield ETF - CAD ETF Non-cur Hedged'. Both ETFs use 'covered call' orders on the futures market to produce over 11% yield/dividend each year. It pays monthly and I total close to $2,000 each month in payouts to both accounts , tax free.

At the end of 2025, I will move about $40,000 from my TFSA to RRSP. This will lower my net taxable income by $40,000. On Jan 01/2026 it will had that $40,000 back to my eligible limit in TFSAs plus the $7,000 top up for 2026. "If an account-holder withdraws funds from a TFSA, his or her contribution room is increased by that amount on January 1 after the withdrawal."

I also had the same AI create a white paper on using TFSA, RRSP, etc for regular fiat transactions. If/when adopted, it would cause an input/output flow of ETF coin on paydays and month end rent/mortgage/car payments. People would learn to adjust their payments to the monthly flows.

https://www.scribd.com/document/875528422/New-bitcoin-transaction-system